Athenic AI, a San Francisco, CA-based company specializing in data analysis and business intelligence (BI) solutions, has raised $4.3 million in seed funding.
Investors
The round was led by BMW i Ventures, with participation from TenVC, Scrum Ventures, Stage 2 Capital, Beat Ventures, SpaceCadet, Boost VC, and Abstraction Capital.
BMW i Ventures is the independent venture capital firm of the BMW Group, investing in startups that are defining the future of mobility, supply chain, and sustainability. The firm invests in all stages, from seed to growth, with a focus on Series A/B.
Athenic AI Use of Funds
This funding will accelerate Athenic AI's product development, market presence, and expand its reach to enterprise clients.
About Athenic AI
Athenic AI is a data analysis and business intelligence company on a mission to empower individuals and enterprises to discover the "Why" behind their data and dashboards. With advanced Generative AI technology, Athenic AI offers instant data answers, democratizes analytics, empowers users to integrate data insights into daily workflows, and provides customization tailored to individual needs. Customers include Penske Media Corporation and Pourri.
Funding Details
Company: Athenic AI
Raised: $4.3M
Round: Seed Round
Funding Date: January 2025
Lead Investor: BMW i Ventures
Additional Investors: TenVC, Scrum Ventures, Stage 2 Capital, Beat Ventures, SpaceCadet, Boost VC, Abstraction Capital
Company Website: https://www.athenic.com/
Software Category: AI Data Analysis and Business Intelligence Solutions
Source: https://www.prnewswire.com/news-releases/athenic-ai-raises-seed-round-led-by-bmw-i-ventures-to-democratize-data-analysis-302363992.html