Orbits raises $2.6 million in a pre-seed round to launch Bit, an AI household assistant. The round was led by Andreessen Horowitz Speedrun fund, N49P, and Garage Capital.
Amount Raised
C$2.6 Million
Round Type
Pre-Seed
TorontoArtificial IntelligenceMachine LearningInvestors
Description
Orbits has closed nearly $2 million USD in pre-seed funding from notable investors including Andreessen Horowitz (a16z) Speedrun fund. This funding will help expand the consumer launch of Bit, an intelligent assistant designed for home logistics. Founded by Nomaan Ahmed and Erik Tillberg, Orbits aims to address the disorganization in households despite advancements in productivity software. The team has a strong track record in scaling consumer ventures.
Who to call at Orbits, and when
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Orbits 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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