Cashmere raised $3.6M in a seed funding round led by Canapi Ventures to enhance product development and strategic hiring in its AI-powered client acquisition platform for wealth management firms.
Amount Raised
$3.6 Million
Round Type
Seed
Los AngelesSoftwareArtificial IntelligenceFintechMachine LearningSaaSInvestors
Description
Cashmere has successfully completed a $3.6 million seed funding round to drive rapid product development and strategic hiring. The investment will enable the AI-powered platform to address client acquisition challenges within the wealth management sector.
Quick answer
Cashmere raised $3.6 Million in a Seed round, dated September 10, 2024. Investors: Angel Backers, Courtyard Ventures, The House Fund, Plug And Play, Benchstrength and Canapi Ventures. Cashmere is based in Los Angeles, California, United States.
- How much did Cashmere raise?
- Cashmere raised $3.6 Million in a Seed round on September 10, 2024.
- Who invested in Cashmere?
- Angel Backers, Courtyard Ventures, The House Fund, Plug And Play, Benchstrength and Canapi Ventures are named as investors in this round.
- What does Cashmere do?
- Cashmere is an AI-powered client acquisition platform designed for the wealth management industry.
- Where is Cashmere based and how big is it?
- Cashmere is based in Los Angeles, California, United States.
- Who are the decision-makers at Cashmere?
- Fundz holds 1 contact at Cashmere. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Fintech and SaaS around the same time
Companies in the same sectors as Cashmere that raised within 45 days of this round, from Fundz verified event records.
- Cascade AI raised $3.8M (Seed) on October 24, 2024.
- Alchemyst AI raised $300K (Pre-Seed) on October 16, 2024.
- BackOps.ai raised $2M (Pre-Seed) on October 16, 2024.
- Vieu raised $11M (Seed) on October 10, 2024.
- Numeric raised $28M (Series A) on October 10, 2024.
- WithLess raised $3.3M (Seed) on October 8, 2024.
Who to call at Cashmere, and when
A new round usually means Cashmere is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cashmere raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cashmere, from your own LinkedIn network
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Related People
Cashmere 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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