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Just raised $40M Series B - high purchase intent window

Skyfire raised $8.5M in a seed round to enable autonomous AI agents to make payments on behalf of users.

Aug 21, 2024•about 1 year ago

Amount Raised

$8.5 Million

Round Type

seed

San FranciscoFintechMachine LearningArtificial Intelligence

Investors

RippleArcaDraper AssociatesEvery RealmCrossbeam Venture PartnersGeminiFbgCircleSfermionRed Beard VenturesArrington CapitalInception CapitalDrwIntersection Growth PartnersBrevan Howard DigitalNeuberger Berman

Description

Skyfire, a new startup based in San Francisco, has launched with $8.5 million in seed funding. The company aims to create a 'Visa for AI' by allowing autonomous AI agents to autonomously handle financial transactions.

Company Information

Company

Skyfire

Location

San Francisco, California, United States

About

Skyfire is a San Francisco startup providing a payment network designed for fully autonomous transactions across AI agents, aiming to be the 'Visa for AI'. The company enables AI agents to autonomously make and receive payments, functioning as independent economic actors. It offers a comprehensive financial stack for the AI economy, integrating financial capabilities into various AI platforms. Skyfire targets AI providers and agent builders, facilitating the integration of payment functionalities into their services.

FundzWatch™ Score

Medium Activity

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers