Fundz

Assert AI secures $4M in Series A funding led by Ramesh Hariharan, Prashant Purker, and Arya.ag

PRIVATEApr 29, 2024

Amount Raised

$4 Million

Round Type

Series A

MumbaiSoftwareArtificial IntelligenceEnterprise SoftwareAnalyticsSaaS

Investors

Arya.AgPrashant PurkerRamesh Hariharan

Description

Mumbai-based SaaS firm Assert AI has secured $4 million in a Series A funding round led by Ramesh Hariharan, Prashant Purker, Arya.ag, and other investors. The funding will support the company's expansion into crucial Western markets as well as research and development efforts.

Quick answer

Assert AI raised $4 Million in a Series A round, dated April 29, 2024. Investors: Arya.Ag, Prashant Purker and Ramesh Hariharan. Assert AI is based in Mumbai, Maharashtra, India.

How much did Assert AI raise?
Assert AI raised $4 Million in a Series A round on April 29, 2024.
Who invested in Assert AI?
Arya.Ag, Prashant Purker and Ramesh Hariharan are named as investors in this round.
What does Assert AI do?
Assert AI is a Mumbai-based SaaS firm that provides AI-infused software-as-a-service (SaaS) solutions for comprehensive video analytics across various business sectors, enterprises, and corporations.
Where is Assert AI based and how big is it?
Assert AI is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Assert AI?
Fundz holds 1 contact at Assert AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and Analytics around the same time

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

  • Velotix raised an undisclosed amount (Funding Round) on May 22, 2024.
  • CRMBonus raised $75M (Series B) on May 16, 2024.
  • Inventive raised $6.5M (Seed) on June 5, 2024.
  • Scowtt raised $765K on June 4, 2024.
  • Unibloom World raised $828K (Pre-Seed) on June 3, 2024.
  • Maxa raised $21M (Series A) on May 30, 2024.

Who to call at Assert AI, and when

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

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Company Information

Company

Assert AI

Location

Mumbai, Maharashtra, India

About

Assert AI is a Mumbai-based SaaS firm that provides AI-infused software-as-a-service (SaaS) solutions for comprehensive video analytics across various business sectors, enterprises, and corporations. The company was part of YourStory's Tech30 list of the most promising startups for 2023.

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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

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

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