Mad Street Den Raises $30M In Series C As It Establishes Itself As A Leader Ushering In Ai Transformation For Large Enterprises
Jan 17, 2023•almost 3 years ago
Amount Raised
$30 Million
Round Type
series c
Investors
Falcon EdgeSequoia CapitalAvatar Growth Capital
Description
Mad Street Den, a leader in Enterprise AI, today announced a fresh round of Series C funding led by Avatar Growth Capital, with participation from existing investors Sequoia Capital and Falcon Edge. The investment will enable Mad Street Den to expand its artificial intelligence offerings across industries.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech