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Ario raised $16 million in seed funding from Wing Venture Capital, Floodgate, Bain Capital Ventures, Moxxie, and prominent angels to tackle invisible labor with AI.

Jun 26, 2024over 1 year ago

Amount Raised

$16 Million

Round Type

seed

Palo AltoArtificial IntelligenceTravelE CommerceSoftware

Investors

MoxxieBain Capital VenturesFloodgateWing Venture Capital

Description

Ario, the AI-powered assistant for parents, announced $16 million in seed funding from top-tier investors including Wing Venture Capital, Floodgate, Bain Capital Ventures, Moxxie, and prominent angels. The funding will support Ario's mission to offload invisible labor for parents by understanding the personal context of tasks and taking intelligent actions to save parents time.

Company Information

Company

Ario

Location

Palo Alto, California, United States

About

Ario is an AI life assistant that takes care of mundane tasks, giving time back to busy people. Ario connects with apps you use every day like Google Calendar, Amazon and DoorDash to reduce time spent on ongoing tasks like scheduling, anticipate needs for one-off tasks like returning items to a store, and provide personalized recommendations that reduce the amount of research required for purchase and travel decisions. Ario is headquartered in Palo Alto, California and is backed by leading investors such as Floodgate, Wing Venture Capital, Bain Capital Ventures and Moxxie.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech