Company Name: Iluma AI
Location: San Francisco, CA
Product: AI copilot for C-level executives and team leads
- Funding led by: Techstars
- Participation from: Acrew Capital (in previous pre-seed round)
- Total Funding Amount: Undisclosed (in the recent round), $1.5M (in the pre-seed round)
- Purpose of Funding: Presumably to accelerate product development, expand clientele, and further onboard companies from the waitlist.
About: Iluma AI aims to act as a digital Chief of Staff, integrating with various communication platforms like Slack, Gmail, Zoom, and Discord to proactively furnish critical information to c-level executives and team leads.
This initiative aids in averting and resolving multi-million dollar bottlenecks prevalent in midsize companies with 500+ employees.
With a solid foundation already supporting 100+ companies and a substantial waitlist of 200 more, the recent investment from Techstars is likely to propel Iluma AI's mission further into the market, making strides towards eliminating operational hitches that hinder company growth.