Budy.bot, a Middletown, DE-based AI startup, has raised $4.2 million in seed funding.
Investors
The round was led by RTP Global, with participation from BeeNext Pte Ltd, The Neon Fund, BITS SPARK Angels, and over 15 angel investors. Notable investors include Raju Reddy, Abhinav Asthana (CEO of Postman), John Hayes (co-founder of Pure Storage), and Bruno Kurtic (co-founder of Sumo Logic).
Founded in 2000, RTP Global is a venture capital investment firm focused on early-stage technology investments in companies based in the United States, Europe, India, and Asia. The firm is headquartered in New York and has additional offices in Bengaluru, Dubai, London, and Paris.
Budy.bot Use of Funds
The company will use the funds to fuel the training and development of its core AI skills.
About Budy.bot
Founded by Samay Kohli, Budy.bot is an AI-powered platform designed to streamline the deployment and management of sales and marketing software stacks for enterprises. Budy.bot automates various operational tasks within sales and marketing, focusing on integrating tools, particularly with systems like Salesforce. The platform primarily serves SaaS companies with annual revenues ranging from $25 million to $200 million.
Funding Details
Company: Budy.bot
Raised: $4.2M
Round: Seed Round
Funding Date: October 2024
Lead Investor: RTP Global
Additional Investors: BeeNext Pte Ltd, The Neon Fund, BITS SPARK Angels, Raju Reddy, Abhinav Asthana, John Hayes, Bruno Kurtic
Company Website: https://www.budy.bot/
Software Category: AI Sales and Marketing Assistant
Source: https://yourstory.com/2024/10/funding-samay-kohli-ai-venture-budybot-rtp-global