Amount Raised
$16 Million
Round Type
Series A
San FranciscoSoftwareSaaSInvestors
Description
Yurts, the enterprise-ready Generative AI platform, today announced a $16 million Series A to support its acceleration into the market. The oversubscribed funding round was led by Nava Ventures, with additional investments from XYZ Ventures, Bloomberg Beta, Mango Capital, and Essence VC. Yurts will leverage the capital to continue to build its secure AI platform and expand its technology team. This announcement follows a strategic partnership Yurts announced earlier this year with Nvidia and Lambda Labs to bring the secure GenAI platform to the market.
Quick answer
Yurts raised $16 Million in a Series A round, dated September 19, 2023. Investors: Lambda Labs, Nvidia, Yurts, Essence VC, Mango Capital, Bloomberg Beta, XYZ Ventures and Nava Ventures. Yurts is based in San Francisco, California, United States.
- How much did Yurts raise?
- Yurts raised $16 Million in a Series A round on September 19, 2023.
- Who invested in Yurts?
- Lambda Labs, Nvidia, Yurts, Essence VC, Mango Capital, Bloomberg Beta, XYZ Ventures and Nava Ventures are named as investors in this round.
- What does Yurts do?
- Founded in 2022, Yurts is an enterprise-ready GenAI platform on a mission to help connect people to their best work.
- Where is Yurts based and how big is it?
- Yurts is based in San Francisco, California, United States.
- Who are the decision-makers at Yurts?
- Fundz holds 1 contact at Yurts. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in SaaS and Software around the same time
Companies in the same sectors as Yurts that raised within 45 days of this round, from Fundz verified event records.
- Guidde raised $16M (Funding Round) on October 31, 2023.
- Byterat raised $4M (Seed) on October 27, 2023.
- Cranium Al raised $25M (Series A) on October 26, 2023.
- LegalMation raised $15M (Funding Round) on October 25, 2023.
- xtype raised $11M (Funding Round) on October 24, 2023.
- Yourco raised $2M (Seed) on October 24, 2023.
Who to call at Yurts, and when
A new round usually means Yurts is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Yurts raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Yurts, from your own LinkedIn network
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Funding Insights
What this usually meansYurts raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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