Wokelo raised $4M in a seed funding round led by Array Ventures to enhance its AI-driven due diligence technology for corporate acquisitions and investments.

Oct 09, 2024•about 1 year ago

Amount Raised

$4 Million

Round Type

seed

SeattleInformation TechnologyArtificial Intelligence

Investors

Perpetual Venture CapitalAhead VcRebellion VenturesKpmg VenturesGeek VenturesArray Ventures

Description

Wokelo, an AI startup based in Seattle, secured $4 million to support the development of its technology, which generates detailed due diligence reports. The funding round included investments from several venture capital firms.

Company Information

Company

Wokelo

Location

Seattle, Washington, United States

About

Wokelo is a Gen-AI powered investment research platform for automating complex research workflows like due diligence, sector research, and portfolio monitoring. Leveraging its proprietary large language model (LLM) based-agents, Wokelo automates and streamlines the curation, synthesis, and triangulation of data, delivering client-ready outputs. Wokelo works with leading private equity funds, investment banks, consulting firms, and corporates to make data-driven decisions.

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