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Nurau raised $1.5 million CAD in seed funding led by Investissement Québec to expand its AI-powered HR coaching platform into the US market.

Nov 27, 2024about 1 year ago

Amount Raised

$1.5 Million

Round Type

seed

MontrealNatural Language ProcessingMachine LearningArtificial IntelligenceSoftware

Investors

Acet CapitalSylvain AuthierInvestissement Québec

Description

Nurau, an AI software company, secured a $1.5-million CAD seed round to enhance its conversational coaching platform aimed at supporting HR workers. The funding, led by Investissement Québec, will help the company navigate sensitive workplace discussions and aims to increase total funding to $2.2 million in the future.

Company Information

Company

Nurau

Location

Montreal, Quebec, Canada

About

Nurau is a Montréal-based artificial intelligence software company that specializes in conversational coaching platforms aimed at augmenting HR functions. Its flagship product, eCoach, utilizes natural language processing to assist managers in handling sensitive workplace discussions effectively. The company's goal is to enhance employee engagement and experience, particularly in industries with high turnover rates. Nurau aims to foster better management practices without replacing traditional HR roles.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers