Humantic AI has successfully raised $1.5 million in a seed funding round, positioning itself as a key player in the AI-driven personalization market. The platform leverages Personality AI to enhance sales strategies by predicting buyer personalities and improving sales outcomes.
Keep reading to explore the intricacies of Humantic AI's fundraising journey and the investors backing this innovative platform.
What Is Humantic AI?
Humantic AI, founded by Amarpreet Kalkat, is based in Bengaluru, India. The company specializes in humanizing interactions by predicting personality and behavior without tests.
With a team of 11-50 employees, Humantic AI helps salespeople close more deals, recruiters engage top candidates, and developers build personalization into their products. Their innovative approach has garnered attention from Fortune 500 companies and major publications.
For more information, visit their official website or explore career opportunities on their Wellfound page.
How Much Funding Has Humantic AI Raised?
- Seed Round
- Amount Raised: $1,500,000
- Date: April 2022
- Lead Investors: Gokul Rajaram, John Donovan, Amit Singh, Bradley Horowitz, Binny Bansal
- Motivation Behind the Round: The funding was aimed at expanding the team and investing in marketing to educate potential customers and drive adoption.
Humantic AI has raised a total of $1.5 million in funding. The current valuation is $10 million (~estimated).
Key Investors
- Gokul Rajaram
- Details: Gokul Rajaram is a board member at Coinbase and Pinterest. He is known for his extensive experience in the tech industry, having held significant roles at Google and Square.
- Investment Focus Areas: Technology, internet companies, fintech.
- Notable Investments: Coinbase, Pinterest, Square.
- John Donovan
- Details: John Donovan is the former CEO of AT&T Communications. He has a strong background in telecommunications and technology, having led various strategic initiatives at AT&T.
- Investment Focus Areas: Telecommunications, technology, enterprise solutions.
- Notable Investments: AT&T (as CEO), Palo Alto Networks, Cloudflare.
- Amit Singh
- Details: Amit Singh is a board member at Asana and has previously served as President of Google Cloud. He has a wealth of experience in enterprise software and cloud computing.
- Investment Focus Areas: Enterprise software, cloud computing, technology.
- Notable Investments: Asana, Google Cloud, Palo Alto Networks.
- Bradley Horowitz
- Details: Bradley Horowitz is the Vice President of Product at Google. He has been instrumental in the development of several key Google products, including Google Photos and Google Drive.
- Investment Focus Areas: Product development, technology, consumer internet.
- Notable Investments: Google Photos, Google Drive, Yahoo.
- Binny Bansal
- Details: Binny Bansal is the co-founder of Flipkart, one of India's largest e-commerce platforms. He has a strong background in technology startups and e-commerce.
- Investment Focus Areas: E-commerce, technology startups, logistics.
- Notable Investments: Flipkart, Acko, CureFit.
What's Next for Humantic AI?
Humantic AI stands at the cusp of significant growth, driven by the expanding global sales intelligence market, projected to reach $3.4 billion by 2024. The company aims to broaden its product offerings to provide insights into various conversational scenarios, beyond just sales, tapping into the burgeoning Indian AI market expected to hit $7.8 billion by 2025.
Future fundraising opportunities appear promising as Humantic AI continues to scale its operations and enhance its product suite. However, the company may face challenges from competitors like Salesken and Outplay, and will need to invest heavily in marketing to educate potential customers about their innovative solutions.
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