Fundz

Druid Raises $15 Million In Series A Financing Round

PRIVATEMay 03, 2022

Amount Raised

$15 Million

Round Type

Series A

New YorkOtherInformation TechnologySoftwareArtificial IntelligenceAdministrative ServicesSaasMachine LearningNatural Language Processing

Description

DRUID, the end-to-end platform for building AI-driven conversational business applications, announces that it has raised a fresh round of funding. This new $15 million round will be used to fuel its international expansion, by actively hiring new talents, to support its accelerated growth across Europe and North America. Furthermore, DRUID will extend its technological leadership by adding new capabilities to its conversational AI offering and constantly evolving on the user experience promise.

Company Information

Company

Druid AI

Location

19 Dutch Building, 3rd floor

New York, New York, United States

About

DRUID AI (druidai.com) is an end-to-end enterprise-grade AI platform that enables lightning-fast development and deployment of AI agents, knowledge bases, and intelligent apps for teams looking to automate business processes and improve technology ROI. DRUID AI Agents enable personalized, omnichannel, and secure interactions while seamlessly integrating with existing business systems. Since 2018, DRUID AI has been actively pursuing its vision of providing each employee with an intelligent virtual assistant, establishing an extensive partner network of over 200 partners, and servicing more than 300 clients worldwide.

Fundz sees it the moment Druid AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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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

Druid 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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