Gumloop, a Vancouver, Canada-based startup that offers a no-code platform to automate workflows with artificial intelligence (AI), has raised $3.1 million in seed funding.
Investors
The round was led by First Round Capital, with notable participation from Y Combinator, and several angel investors including Max Mullen of Instacart, Arash Ferdowsi of Dropbox, and Richard Aberman of WePay.
Founded in 2004, First Round Capital is a venture capital investment firm based in San Francisco, California. The firm prefers to invest in seed-stage, early-stage, and later-stage companies.
About Gumloop
Founded in April 2023 by McGill University classmates Max Brodeur-Urbas and Rahul Behal, Gumloop provides a no-code platform for automating repetitive and complex workflows end-to-end with AI. Its platform allows users to integrate various services like Google Sheets, Slack, and YouTube, using a no-code interface.
Funding Details
Company: Gumloop
Raised: $5.5M
Round: Seed Round
Funding Month: July 2024
Investor: First Round Capital
Additional Investors: Y Combinatorb, Max Mullen of Instacart, Arash Ferdowsi, Richard Aberman
Company Website: https://www.gumloop.com/
Software Category: Workflow Automation
Source: https://betakit.com/y-combinator-grad-gumloop-secures-3-1-million-in-seed-funding-to-grow-no-code-automation-tool/