Cassidy, a New York-based business automation platform provider, has raised $3.7 million in seed funding.
Investors
The round was led by The General Partnership, with additional support from Neo, Comma Capital, Spacecadet Ventures, Ride Ventures, and prominent angels such as Erik Goldman (Co-founder of Vanta), Jason Dorfman (CEO of Orum), and Zach Sims (Founder of Codecademy).
Founded in 2018, The General Partnership is a venture capital firm based in San Francisco, California. The firm focuses on early-stage technology companies, helping them during their initial formation and growth phases.
Cassidy Use of Funds
Cassidy will use the funding to enhance its platform, focusing on product development, team expansion, and scaling customer acquisition efforts.
About Cassidy
Founded in 2023 by Justin Fineberg and Ian Woodfill and based in New York, Cassidy is a business automation platform designed to make it incredibly easy for both technical and non-technical teams to use and build complex automation. The platform integrates with existing knowledge tools, providing AI with real-time context on a company's business environment, customers, competitors, and brand voice. Cassidy also has enterprise-grade permissioning and security to keep data private and encrypted.
Funding Details
Company: Cassidy, Inc.
Raised: $3.7M
Round: Seed Round
Funding Date: August 2024
Lead Investor: The General Partnership
Additional Investors: Neo, Comma Capital, Spacecadet Ventures, Ride Ventures, Erik Goldman, Jason Dorfman, Zach Sims
Company Website: https://www.cassidyai.com/
Software Category: Workflow Automation
Source: https://www.prweb.com/releases/cassidy-raises-3-7m-in-seed-funding-to-build-automations-powered-by-internal-company-data-302226397.html