Angel AI, a Nashville, Tennessee-based parent-designed AI platform offering an age-appropriate internet experience for children aged 5 to 12, has secured $4.75 million in seed funding.
Investors
The round was led by Cortical Ventures, with significant participation from Village Global and several prominent angel investors.
Cortical Ventures is a venture capital firm focused on investing in AI companies. The firm invests in companies developing products and technologies that advance the field of AI and empower data-driven decisions to enhance people's lives, businesses, and the world. Founded in 2021, it is based in San Francisco, California.
Angel AI Use of Funds
The company will use the funding to accelerate its investments in hiring, product development, and marketing initiatives.
About Angel AI
Founded and led by CEO Tim Estes, Angel AI utilizes advanced AI technology to create a safe online space for kids, offering age-appropriate content free from ads or harmful tactics. Angel's AI platform provides age-customized content for children aged 5 to 12, ensuring a protective and personalized online experience. This parent-designed platform ensures children can explore online resources and information tailored to their age and their parents' values.
Funding Details
Company: Angel AI Company
Raised: $4.75M
Round: Seed Round
Funding Month: May 2024
Lead Investors: Cortical Ventures
Additional Investors: Village Global
Company Website: https://angelkids.ai/
Software Category: Parenting & Protection
Source: https://www.prnewswire.com/news-releases/angel-ai-raises-4-75-million-in-oversubscribed-seed-round-led-by-cortical-ventures-302147227.html