Primer Announces $69M In Funding To Accelerate Ai-Enabled Information Advantage
Jun 14, 2023•about 2 years ago
Amount Raised
$69 Million
Investors
UssocomPrimerU.S. Innovative Technology FundAdditionMetacloudTicketmasterThe Leaf Group
Description
Primer Technologies, an AI/ML technology firm specializing in AI-powered data analysis, today announced a Series D round with a first close of $69M to accelerate the delivery of trusted AI solutions for the U.S. Government and Commercial customers. The company also announced Sean Moriarty's recent appointment as CEO, who brings decades of technology and leadership experience, previously holding senior executive roles at the Leaf Group, Ticketmaster and Metacloud. The funding was led by Addition, with participation from the U.S
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