Venture Capital News: x.ai Secures $9.2M in Series A
NEW YORK, NY, Artificial intelligence company, today announced that it has secured $9.2 Million in a Series A Financing led by FirstMark Capital.
x.ai, inc., an artificial intelligence company, today announced that it has secured $9.2 Million in a Series A Financing led by FirstMark Capital, with participation from IA Ventures, Softbank Capital and Pritzker Group Venture Capital. The investment will expand data and science efforts towards fully emulating a human scheduling negotiation.
'We believe passionately that the time for AI-Driven companies like x.ai has come,' said Matt Turck, Partner at FirstMark Capital. 'Dennis and the x.ai team are executing on a very ambitious plan which might well change the paradigm for how the vast majority of professionals around the world schedule meetings.'
'x.ai is the first and only company to solve the problem of scheduling meetings in a scalable yet humanistic way. Their breakthrough approach is the future of human computer interaction - and the overwhelming response from users since we first invested bears this out.' - Brad Gillespie, Partner at IA Ventures.
x.ai's customers talk to Amy (or Andrew) ingram as they would to any other person - and they can have her do all the tedious email ping pong that comes along with scheduling a meeting. It requires no sign-in, no password, no download; all they do is CC: amy(at)x(dot)ai.
'Amy feels like the future. Even more than Siri and Google Now, she seems seamlessly human and as effective as a real person doing the same task.' - CBS News
x.ai is democratizing access to a service previously available to a select few - a goal so dramatic that only a machine driven solution and a free or negligible price point will ever make possible.
x.ai is currently looking for some of the best and brightest Data Scientists, Data Engineers, and Backend Engineers. For a chance to be the arbiter of time, head over to x.ai/jobs.
About x.ai, inc.
x.ai was founded in 2014 by former Visual Revenue (Predictive Analytics software acquired by Outbrain) CEO Dennis R. Mortensen and his co-founders Alex Poon, Matt Casey and Marcos Jimenez. The wider founding team members are industry veterans from analytics, big data, and the predictive modeling world.
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