Contextual AI raised $80 million in a Series A led by Greycroft to enhance the performance of AI models.
Amount Raised
$80 Million
Round Type
Series A
Investors
Description
Contextual AI has successfully raised $80 million in a Series A funding round. The investment was led by Greycroft and includes existing investors Bain Capital Ventures and Lightspeed, which previously invested $20 million to launch the company in 2023.
Quick answer
Contextual AI raised $80 Million in a Series A round, dated August 9, 2024. Investors: Lightspeed, Bain Capital Ventures and Greycroft.
- How much did Contextual AI raise?
- Contextual AI raised $80 Million in a Series A round on August 9, 2024.
- Who invested in Contextual AI?
- Lightspeed, Bain Capital Ventures and Greycroft are named as investors in this round.
- What does Contextual AI do?
- Contextual AI offers a pioneering approach to generative AI for the workplace.
- Where is Contextual AI based and how big is it?
- Fundz records about 54 employees.
- Who are the decision-makers at Contextual AI?
- Fundz holds 1 contact at Contextual 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 Contextual AI that raised within 45 days of this round, from Fundz verified event records.
- OptimHire raised $5M on September 17, 2024.
- Aucctus raised $1.5M (Seed) on September 16, 2024.
- World Labs raised $230M (Funding Round) on September 13, 2024.
- Purple Transform raised $5.9M (Funding Round) on September 12, 2024.
- Bounti Labs raised $16M (Seed) on September 12, 2024.
- Connectly raised $20M (Series B) on September 11, 2024.
Who to call at Contextual AI, and when
A new round usually means Contextual AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Contextual AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Contextual AI, from your own LinkedIn network
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Funding Insights
What this usually meansContextual 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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