Fundz

Gameon Technology Evolves Into On As Company Secures $25 Million In Fresh Strategic Funding

PUBLIC · ONONDec 06, 2023

Amount Raised

$25 Million

Round Type

Funding Round

San FranciscoSoftwareArtificial IntelligenceE CommerceFashionRetailSaasEnterprise SoftwareMessagingMachine LearningNatural Language Processing

Investors

Mirae Asset Venture InvestmentCommonwealth Financial NetworkB3 CapitalEquiam

Description

ON — formerly GameOn Technology — today announces a fresh funding round and an updated mission to help enterprises and leading brands productize generative AI chat. The company's established leadership position in the AI chat ecosystem, coupled with the growing marketplace excitement for generative AI, prompted a strategic $25 million funding round, bringing the total funding raised to $80 million. Notable participants in the round include Equiam; B3 Capital; Commonwealth Financial Network; and Mirae Asset Venture Investment, which previously co-led the company's Series B.

Company Information

Company

ON

Location

San Francisco, California, United States

About

ON is a leading AI chat platform designed for enterprise-level use, known for seamlessly powering generative AI experiences used by some of the world's largest and most well-known brands. Established in 2014 and headquartered in San Francisco, the ON platform enables its partners — including Valentino, Armani, teams from the NBA, NFL, NHL, and more — to create new and sustainable revenue streams backed by AI while connecting with their customers and fans. Founded by successful entrepreneurs Alex Beckman, Kalin Stanojev, and Nate Simmons, the company secured $80 million in funding from prominent venture capital firms such as Mirae Asset Venture Investment, Equiam, B3 Capital, Quest Ventures, and Commonwealth Financial Network.

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ON 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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