Quilt, a San Francisco, CA-based startup building AI assistants for solutions architects and engineers, has raised $2.5 million in seed funding.
SaaS Investors
The round was led by Sequoia Capital, with participation from angel investors associated with companies such as DataDog, HubSpot, DoorDash, Asana, Eventbrite, and a16z.
Sequoia Capital is a venture capital firm headquartered in Menlo Park, California, which specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors.
Quilt Use of Funds
The company will use the funding to expand its team, scale up its go-to-market efforts, and accelerate the development of the next generation of solution assistants.
About Quilt
Founded by Dan Chen and Michael Graczyk, Quilt is a company that uses AI and software to solve the biggest challenges for solutions executives, leaders, and professionals. The company is building AI assistants for solutions architects and engineers. Its core products are AI-powered assistants designed to help solutions engineers with tasks such as filling out requests for proposals, answering basic technical questions, and preparing for demos.
Funding Details
Company: Quilt
Raised: $2.5M
Round: Seed Round
Funding Month: March 2024
Lead Investors: Sequoia Capital
Additional Investors: DataDog, HubSpot, DoorDash, Asana, Eventbrite, a16z Activate Venture Partners
Company Website: https://quilt.app/
Software Category: AI Assistants
Source: https://techcrunch.com/2024/03/18/quilt-is-building-ai-assistants-for-solutions-teams/