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11xAI raised $24M in a Series A round led by Benchmark to build AI digital employees for process automation.

PRIVATESep 16, 2024

Amount Raised

$24 Million

Round Type

Series A

United KingdomArtificial IntelligenceMachine LearningNatural Language Processing

Investors

Benchmark

Description

11xAI, a startup focused on AI bots for process automation, has successfully raised $24 million in a Series A funding round led by Benchmark. The funds will help the company develop its AI digital employees, which aim to automate repetitive tasks and improve efficiency for go-to-market teams.

Quick answer

11x AI raised $24 Million in a Series A round, dated September 16, 2024. Investors: Benchmark. 11x AI is based in United Kingdom.

How much did 11x AI raise?
11x AI raised $24 Million in a Series A round on September 16, 2024.
Who invested in 11x AI?
Benchmark is named as investors in this round.
What does 11x AI do?
UK-based start-up 11x AI has launched its AI Digital Workers, as the company says it's on a mission to ‘automate everything’.
Where is 11x AI based and how big is it?
11x AI is based in United Kingdom.
Who are the decision-makers at 11x AI?
Fundz holds 1 contact at 11x AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Artificial Intelligence around the same time

Companies in the same sectors as 11x AI that raised within 45 days of this round, from Fundz verified event records.

  • Naptha AI raised $6M (Pre-Seed) on October 31, 2024.
  • Brightwave raised $15M (Series A) on October 30, 2024.
  • Coframe raised $9.3M (Seed) on October 29, 2024.
  • Read AI raised $50M (Series B) on October 28, 2024.
  • Moondream raised $4.5M (Pre-Seed) on October 28, 2024.
  • Boardy raised $3M (Pre-Seed) on October 28, 2024.

Who to call at 11x AI, and when

A new round usually means 11x AI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day 11x AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at 11x AI, from your own LinkedIn network

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Company Information

Company

11x AI

Location

United Kingdom

About

UK-based start-up 11x AI has launched its AI Digital Workers, as the company says it's on a mission to ‘automate everything’. Intended for businesses of all sizes 11x AI says that its AI-powered team members can ‘help smaller firms punch above their weight, operating at scales that were once only reachable by larger corporations’.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

11x AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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