Fundz

webAI raised $60M in a Series A funding round to accelerate its mission of democratizing access to AI.

PRIVATESep 10, 2024

Amount Raised

$60 Million

Round Type

Series A

AustinSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingImage RecognitionComputer Vision

Description

webAI has completed its Series A funding round at a valuation of $700 million. The additional funding will help drive innovation in the distributed AI field.

Who to call at webAI, and when

A new round usually means webAI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day webAI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at webAI, from your own LinkedIn network

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Company Information

Company

webAI

Location

Austin, Texas, United States

About

webAI is designed to streamline the training, deployment, and execution of AI models by offering a unified execution layer for AI that seamlessly integrates cloud-based services and local devices. Our goal is to revolutionize the AI industry by laying the foundation for the development of Super Intelligence (SI). By approaching AI execution in a heterogeneous manner, we aim to create scalable AI products that are industry leading. Our platform is dedicated to enhancing the performance and accessibility of AI technologies, making them more efficient and user-friendly for both businesses and individuals.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment webAI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for webAI's next move

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

webAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.