Fundz

Openai’s Sam Altman Backs Indian Teen Prodigy’s Ai Startup In $2.3M Funding Round

PRIVATEOct 06, 2023

Amount Raised

$2.3 Million

Round Type

Seed

Information TechnologyArtificial Intelligence

Investors

SignalFirePeak XV PartnersEnzo CoglitoreAnkur NandwaniBalaji SrinivasanCaps ResetSV AngelJulian WeisserDaksh MiglaniKyler WangSanat KapurRahul RaiUncommonLocket LabsSuperscryptIDEO Colab VenturesHuman CapitalOn DeckUntitled VenturesEscapeTyler WillisCory LevyNakul GuptaSudarshan SridharanRahul AgarwalKaran DalalOpen Ai’s Co Founder Sam Altman

Description

Induced AI, a Silicon Valley-based enterprise AI automation startup, has recently raised $2.3 million in a round led by OpenAI’s co-founder Sam Altman, who has already backed Uncommon and Locket Labs, Peak XV, and SV Angel. Other investors in the round include Signalfire, Superscrypt, SV Angel, IDEO Colab Ventures, Human Capital, On Deck, and Untitled Ventures.  Another list of angel investors who contributed to this investment include Balaji Srinivasan (former CTO Coinbase), Julian Weisser (Co-founder, On Deck), Tyler Willis (Co-founder, Unsupervised), Cory Levy (Z Fellows), Nakul Gupta (ex-Coinbase), Ankur Nandwani (Founder, ZetaChain), Sudarshan Sridharan (Founder, Pipeline), Rahul Agarwal (Co-founder, Valent), Enzo Coglitore, Daksh Miglani (Co-founder, Valent), Rahul Rai, Sanat Kapur (Dragonfly Capital), Kyler Wang and Karan Dalal.

Quick answer

Induced AI raised $2.3 Million in a Seed round, dated October 6, 2023. Investors: SignalFire, Peak XV Partners, Enzo Coglitore, Ankur Nandwani, Balaji Srinivasan, Caps Reset, SV Angel and Julian Weisser.

How much did Induced AI raise?
Induced AI raised $2.3 Million in a Seed round on October 6, 2023.
Who invested in Induced AI?
SignalFire, Peak XV Partners, Enzo Coglitore, Ankur Nandwani, Balaji Srinivasan, Caps Reset, SV Angel and Julian Weisser are named as investors in this round.
What does Induced AI do?
Legal name of Induced AI is Buidl Inc. Induced AI works to automate browser tasks.
Where is Induced AI based and how big is it?
Fundz records about 10 employees.
Who are the decision-makers at Induced AI?
Fundz holds 1 contact at Induced AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Artificial Intelligence around the same time

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

  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Lasso Security raised $6M (Seed) on November 20, 2023.
  • Scalestack raised $1M (Seed) on November 20, 2023.
  • Malou raised $10M (Funding Round) on November 20, 2023.
  • Siena AI raised $4.7M (Seed) on November 17, 2023.
  • Qevlar AI raised $4.9M (Seed) on November 16, 2023.

Who to call at Induced AI, and when

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

  • An alert the day Induced AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Induced AI, from your own LinkedIn network

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Company Information

Company

Induced AI

About

Legal name of Induced AI is Buidl Inc. Induced AI works to automate browser tasks. It runs a cloud to complete manual tasks on a browser with human-like reasoning capabilities.

AI made execution free. Knowing first is the whole game now.

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

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Induced 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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