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Ability AI raised $1.1M in pre-seed funding led by SMRK VC

PRIVATEJun 25, 2024

Amount Raised

$1.1 Million

Round Type

Pre-Seed

Makkah Al MukarramahArtificial IntelligenceAnalyticsMachine LearningNatural Language ProcessingMarketingSaaS

Investors

Andrey AkselrodNick BilogorskiyKendall Hope TuckerJoseph LemayAnthony VenusCatherine DahlDominic SchiavoneVital LaptenokDeborah Mc GargleSmrk VC

Description

Ability AI, a martech startup specializing in full-cycle paid marketing automation with the help of autonomous AI agents, has raised $1.1 million in pre-seed funding led by SMRK VC. The investment will be used to expand the team, update product development, and release the system for public clients in the US and Europe.

Quick answer

Ability.ai raised $1.1 Million in a Pre-Seed round, dated June 25, 2024. Investors: Andrey Akselrod, Nick Bilogorskiy, Kendall Hope Tucker, Joseph Lemay, Anthony Venus, Catherine Dahl, Dominic Schiavone and Vital Laptenok. Ability.ai is based in Makkah Al Mukarramah, Makkah Region, Saudi Arabia.

How much did Ability.ai raise?
Ability.ai raised $1.1 Million in a Pre-Seed round on June 25, 2024.
Who invested in Ability.ai?
Andrey Akselrod, Nick Bilogorskiy, Kendall Hope Tucker, Joseph Lemay, Anthony Venus, Catherine Dahl, Dominic Schiavone and Vital Laptenok are named as investors in this round.
What does Ability.ai do?
Ability AI is a martech startup specializing in full-cycle paid marketing automation with the help of autonomous AI agents.
Where is Ability.ai based and how big is it?
Ability.ai is based in Makkah Al Mukarramah, Makkah Region, Saudi Arabia.
Who are the decision-makers at Ability.ai?
Fundz holds 1 contact at Ability.ai. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Seek AI raised $2M (Seed) on August 8, 2024.
  • DemoSquare raised $1.4M (Funding Round) on August 7, 2024.
  • IntelePeer raised $140M (Debt Financing) on July 26, 2024.
  • Xapien raised $10M (Series A) on July 17, 2024.
  • Shaped raised $8M (Series A) on July 17, 2024.
  • Kindo raised $21M (Funding Round) on July 15, 2024.

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Company Information

Company

Ability.ai

Location

Makkah Al Mukarramah, Makkah Region, Saudi Arabia

About

Ability AI is a martech startup specializing in full-cycle paid marketing automation with the help of autonomous AI agents. The company aims to change the way people do paid marketing, to offload the most mundane actions to AI agents, and to let people focus on creative approaches and the quality of their products. Ability AI's SaaS platform consists of a swarm of specialized agents responsible for strategy, content, landing pages, media buying, analytics, and overall marketing management.

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