Katara, a Dover, DE-based AI-agent workflow automation platform, has raised $2.2 million in seed funding round, bringing its total funding to $2.6 million.
Investors
The round was co-led by Diagram Ventures and Sparkle Ventures, with contributions from StreamingFast and strategic angels.
Diagram Ventures is a venture builder and investor with over $400M in assets under management, specializing in launching and scaling ventures in web3, AI, fintech, and ClimateTech. Since 2016, Diagram has collaborated with exceptional founders to launch more than 25 ventures, combining access to capital, hands-on support, and a deep ecosystem of partners to catalyze the growth of world-changing companies.
Sparkle Ventures is a research-driven venture firm that supports the enablers of transformative internet technologies globally, enhancing networking efficiencies through disintermediation, scalability, real-time data processing, resource-sharing optimization, and agent coordination.
Katara Use of Funds
The company plans to use the funds to advance its AI-agent marketplace, enabling clients to deploy and integrate autonomous assistants for diverse tasks.
About Katara
Katara develops AI-driven solutions that enhance and automate DevX workflows. Utilizing traditional ML/NLP techniques alongside cutting-edge foundational models and Generative AI infrastructure, Katara’s platform acts as a unification layer linking fragmented community and developer management, analytics, and content platforms with its innovative agentic workforce, which teams can deploy and manage. Katara is dedicated to improving efficiency and productivity for developer experience teams and is expanding its offerings to include web2, AI, and open-source platforms.
Funding Details
Company: Katara AI, Inc.
Raised: $2.2M
Round: Seed Round
Funding Date: August 2024
Lead Investor: Diagram Ventures, Sparkle Ventures
Additional Investors: StreamingFast
Company Website: https://www.katara.ai/
Software Category: Agentic Workflow Automation
Source: https://www.businesswire.com/news/home/20240827369648/en/