Borderless AI raises $27M in seed funding led by Susquehanna and Aglaé Ventures to expand operations and development efforts for its AI agent, Alberni, designed to streamline international HR processes.
Amount Raised
$27 Million
Round Type
Seed
TorontoSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
Borderless AI, a Toronto, Canada-based AI-powered startup for Employer of Record (EOR) space, raised $27M in Seed funding. The funding round was led by Susquehanna and Aglaé Ventures, with participation from additional undisclosed investors. The company plans to use the funds to expand operations and further develop their AI agent, Alberni, which aims to automate and accelerate international HR processes, ensuring compliance and enabling geographic expansion. Borderless AI's clientele includes popular dating app Raya, global architecture firm MG2, and venture-backed fintech startup Affiniti.
Quick answer
Borderless AI raised $27 Million in a Seed round, dated March 25, 2024. Investors: Aglaé Ventures and Susquehanna. Borderless AI is based in Toronto, Ontario, Canada.
- How much did Borderless AI raise?
- Borderless AI raised $27 Million in a Seed round on March 25, 2024.
- Who invested in Borderless AI?
- Aglaé Ventures and Susquehanna are named as investors in this round.
- What does Borderless AI do?
- Borderless AI is a Toronto, Canada-based AI-powered startup specializing in Employer of Record (EOR) solutions.
- Where is Borderless AI based and how big is it?
- Borderless AI is based in Toronto, Ontario, Canada. Fundz records about 82 employees.
- Who are the decision-makers at Borderless AI?
- Fundz holds 1 contact at Borderless AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and Software around the same time
Companies in the same sectors as Borderless AI that raised within 45 days of this round, from Fundz verified event records.
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Borderless 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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