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Rivvun AI raises $7.55 million seed round led by Sitara Capital and 3one4 Capital to scale its AI-powered platform for recovering enterprise revenue and spending leakages.
Rivvun AI has successfully raised $7.55 million in an oversubscribed seed funding round. The funding round was led by Sitara Capital and 3one4 Capital. The startup will utilize the capital for product development, team expansion, and market penetration across various key industries. Founded by former Icertis executives, Rivvun AI aims to help large enterprises identify and recover procurement leakages.
Company Information
Company
Rivvun
Location
Seattle, Washington, United States
About
Rivvun is a startup founded by former Icertis veterans focusing on helping large companies identify and plug revenue leaks. Their mission is to prevent lost revenue and minimize sneaky cost leaks. The company aims to enhance its product offerings and expand into various industries like healthcare, banking, and retail.
SeattleHealth CareArtificial IntelligenceMachine Learning