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Yurts secures $40 million in Series B funding to expand GenAI integration capabilities

Dec 03, 2024over 1 year ago

Contract Type

partnership

San FranciscoSoftwareSaas

Description

Yurts, a trusted leader in secure and trusted generative AI (GenAI) integration, has announced a $40 million Series B funding round led by XYZ Venture Capital, with participation from Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital. The funding will be utilized to accelerate its growth and capabilities in leading an industry shift from experimental GenAI use to deep integration across mission-critical systems, unlocking real value within secure environments.

Company Information

Company

Yurts

Location

San Francisco, California, United States

About

Founded in 2022, Yurts is an enterprise-ready GenAI platform on a mission to help connect people to their best work. By leveraging Large Language Models (LLMs) and the practical power of GenAI applications, Yurts is transforming knowledge management and enterprise workflows at scale. Yurts was co-founded by Ben Van Roo Guruprasad Raghavan, and Matt Thomson.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.