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Vultron raised $4.85M in seed funding led by Craft Ventures and Long Journey Ventures to scale its AI-powered proposal development solution for the public sector.

Oct 09, 2024about 1 year ago

Amount Raised

$4.85 Million

Round Type

seed

San FranciscoNatural Language ProcessingMachine LearningArtificial Intelligence

Investors

Lenny RachitskyJosh BuckleyGokul RajaramConviction EmbedSouth Park CommonsLong Journey VenturesCraft Ventures

Description

Vultron, an AI-powered proposal development solution for the public sector, has secured $4.85 million in seed funding. This funding round will allow the company to continue scaling to meet growing demand after achieving 16x revenue growth in the past year.

Company Information

Company

Vultron

Location

San Francisco, California, United States

About

Vultron is a generative AI company, backed by Craft and Long Journey Ventures, bringing AI to federal proposal development process.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers