Total amount raised
$39 Millions
Latest funding date
Location
Remesh has successfully raised funds through a Series A round, with notable investors including Quiet Capital and Techstars. The platform leverages AI to facilitate large-scale, real-time conversations with customers, providing valuable insights efficiently.
Keep reading to explore the intricacies of Remesh's fundraising journey and the investors backing this innovative platform.
What Is Remesh?
Remesh, founded in 2014 by Aaron Slodov, Andrew Konya, and Gary Ellis, is headquartered in New York, New York. The company operates in various industries, including analytics, artificial intelligence, business intelligence, market research, project management, and social media.
With an employee count ranging from 101 to 250, Remesh offers an AI-powered platform that enables users to have live conversations with their customers at scale. This platform helps users understand their audience and make informed business decisions by engaging with up to 1,000 people online and in real-time.
Additionally, Remesh's platform supports large-scale, global research, providing high-quality insights quickly. It allows for live digital focus groups, surveys, and in-depth video interviews, emphasizing speed, quality, and depth of insights.
How Much Funding Has Remesh Raised?
- Angel Round
- Amount Raised: $522K
- Date: November 2016
- Lead Investors: Techstars
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support early-stage development and initial market entry.
- Seed Round
- Amount Raised: $100K
- Date: July 2015
- Lead Investors: Techstars
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and expand the team.
- Seed Round
- Amount Raised: $1.1M
- Date: December 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and market penetration.
- Seed Round
- Amount Raised: $2.3M
- Date: April 2017
- Lead Investors: LionBird
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance platform capabilities.
- Pre-Seed Round
- Amount Raised: $60K
- Date: February 2021
- Lead Investors: Techstars
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support early-stage development and market entry.
- Series A
- Amount Raised: $10M
- Date: March 2018
- Lead Investors: General Catalyst
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the initial growth and development of the platform.
- Series A
- Amount Raised: $25M
- Date: March 2020
- Lead Investors: General Catalyst
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support expansion and the launch of a new AI-powered platform.
- Series A
- Amount Raised: Not publicly disclosed
- Date: December 2021
- Lead Investors: Quiet Capital, Techstars
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop and expand the capabilities of the Remesh platform.
Total Amount Raised: $39.082M
Current Valuation: Not publicly disclosed
Key Investors
- General Catalyst
- Details: General Catalyst is a venture capital firm that invests in early-stage and growth-stage companies. They have a strong track record of supporting innovative technology companies.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Airbnb, Stripe, Snap
- LionBird
- Details: LionBird is a venture capital firm focusing on early-stage investments. They are known for their expertise in digital health and enterprise software.
- Investment Focus Areas: Digital health, fintech, enterprise software
- Notable Investments: TytoCare, Medisafe
- North Coast Ventures
- Details: North Coast Ventures, formerly known as North Coast Angel Fund, invests in early-stage technology companies. They have a particular interest in companies based in the Midwest.
- Investment Focus Areas: Technology, Midwest-based startups
- Notable Investments: OnShift, Complion
- Techstars
- Details: Techstars is a global platform for investment and innovation. They run accelerator programs and provide funding to early-stage startups.
- Investment Focus Areas: Technology, innovation, early-stage startups
- Notable Investments: SendGrid, Sphero, DigitalOcean
- Quiet Capital
- Details: Quiet Capital is a venture capital firm that invests in early-stage companies. They focus on supporting innovative startups with high growth potential.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
What's Next for Remesh?
Remesh stands at the cusp of significant growth, driven by the expansion of its AI-powered platform. The company is poised to modernize traditional market research, offering real-time insights to organizations. With the ability to engage up to 1,000 participants simultaneously, Remesh has already garnered a client base of over 600 companies, including Deloitte and Barclays.
Future fundraising opportunities appear promising, as the company continues to scale and innovate. The recent $25 million Series A2 funding round underscores investor confidence in Remesh's potential. However, challenges such as competition from other AI-driven platforms and ensuring data privacy will need to be navigated carefully.
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