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Contract Type
partnership
New YorkArtificial IntelligenceDescription
Abstract, the artificial intelligence company, has raised $4.8 million in seed funding co-led by Bonfire Ventures and Communitas Capital. This investment brings Abstract’s total funding to over $9 million, which will drive deeper focus on how Abstract’s platform combines disparate data elements to deliver peak intelligence and context.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months