Inventive Secures $6.5M Seed Funding to Enhance Embedded AI for SaaS Products
Inventive aims to empower product teams at large companies by simplifying the integration of AI capabilities into their software, thereby enhancing the functionality and user experience of their SaaS products.
Company Name: Inventive
Location: San Francisco, CA
Sector: Technology, Artificial Intelligence
Funding Details: Raised $6.5M in Seed funding. The investment round was led by Wing VC, with participation from Tokyo Black and an angel investors group that includes founders and former executives from Google and Meta.
Purpose of Investment: To advance its platform designed for product teams to deliver AI-powered experiences in customer-facing software products.
Leadership: Co-founded by Erik Kuld, Kavita Shah, and Clarence Tso in 2022.
Product: Inventive provides an AI-native custom report builder that integrates directly into SaaS products, allowing users to generate and operationalize custom insights from their data using natural language. This feature is especially beneficial for large companies that face numerous custom data requests from customers but lack the resources to fulfill them efficiently.
About Company: Inventive aims to empower product teams at large companies by simplifying the integration of AI capabilities into their software, thereby enhancing the functionality and user experience of their SaaS products. The company’s platform includes a comprehensive suite of tools for configuring, testing, evaluating, monitoring, managing, customizing, and monetizing embedded AI-native experiences.