NLX raised $12 million in Series A funding led by Cercano for operational expansion and development efforts to enhance AI technology for airlines' operations.
Amount Raised
$12 Million
Round Type
Series A
New YorkInformation TechnologySoftwareInvestors
Description
NLX, an AI provider, raised $12 million in Series A funding for operational expansion and development efforts. The funding round was led by Cercano, with participation from Thayer Ventures and HL Ventures. JetBlue's venture capital division, JetBlue Ventures, contributed to the funding round alongside initial investors IAG Capital Partners and Tech Square Ventures' Engage. The funding will fuel NLX's market expansion, strategic hires, and develop market-defining capabilities, including patented multimodal technology.
Who else raised in Software around the same time
Companies in the same sectors as NLX that raised within 45 days of this round, from Fundz verified event records.
- Bump raised $3M (Seed) on April 23, 2024.
- Turnkey raised $15M (Series A) on April 23, 2024.
- HighByte raised $12M (Series A) on April 23, 2024.
- Talsec raised $1.1M (Seed) on April 23, 2024.
- Medical Informatics Engineering raised an undisclosed amount on April 23, 2024.
- Fundpath raised $2.6M (Seed) on April 23, 2024.
Who to call at NLX, and when
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- An alert the day NLX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NLX, from your own LinkedIn network
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Funding Insights
What this usually meansNLX 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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