Laxis, a San Francisco, CA-based AI startup that developed an innovative AI assistant tailored to empower revenue teams, has raised $1.5 million in seed funding.
SaaS Investors
The investment was from investors including Elevate Ventures, Flywheel Fund, Allos Ventures, Ground Game Ventures, VisionTech Partners, and Lofty Ventures.
Elevate Ventures is a venture capital firm investment firm The firm prefers to invest in high-growth startups and early-stage companies operating in the Infrastructure, agriculture, life sciences, information technology, advanced manufacturing, and medical devices sectors. Founded in 2011, and is based in based in Indianapolis, Indiana.
Founded in 2020, Flywheel Fund is a venture capital firm based in Bloomington, Indiana. The firm prefers to invest in technology sector firms based in Indiana.
Ground Game Ventures is a venture capital firm based in Indianapolis, Indiana.
Lofty Ventures is a venture capital firm founded in 2014 and is based in Chicago, Illinois. The firm seeks to invest in the software and technology sectors in Illinois.
Founded in 2009, VisionTech Partners is an angel group based in Indianapolis, Indiana. The firm seeks to invest in early-stage and growth companies operating in the life sciences, SaaS, IoT technology, advanced materials, supply chain, and hardware sectors located in Indiana and the Midwest.
Laxis Use of Funds
The company will use the funding to support product development and user acquisition.
About Laxis
Founded in 2020, Laxis has developed an AI assistant tailored for revenue teams, helping enhance productivity and drive accelerated growth. The platform offers features like automating customer research, creating real-time meeting notes and insights, auto-generating customer requirements and action items, and providing instantaneous AI chat support.
Funding Details
Company: Laxis, Inc.
Raised: $1.5M
Round: Seed Round
Funding Month: October 2023
Lead Investors: Elevate Ventures, Flywheel Fund, Allos Ventures, Ground Game Ventures, VisionTech Partners, and Lofty Ventures
Additional Investor:
Company website: https://www.laxis.com/
Software Category: AI Meeting Assistant for Revenue Teams
Source: https://www.prweb.com/releases/laxis-secures-1-5-million-in-seed-funding-to-empower-revenue-teams-with-ai-301962865.html