Wethos AI, a Newport Beach, CA-based AI-powered team optimization platform, has raised $7.5 million in seed funding.
Investors
The round was led by Jeff Herbst of GFT Ventures, with participation from Miramar Digital Ventures, UCI Cove Fund, and Capellas Partners.
Founded in 2021, GFT Ventures is an early-stage frontier technology-focused VC firm, investing primarily in the U.S. and Israel. Based in Palo Alto, California, the firm prefers to invest in seed-stage, early-stage, and later-stage companies.
Wethos AI Use of Funds
The company will use the funding to advanced AI technologies and fuel go-to-market efforts to expand its customer base.
About Wethos AI
Founded in 2023, Wethos AI focuses on using artificial intelligence to optimize team dynamics and performance in the workplace. By leveraging AI-driven analytics and insights, Wethos AI aims to enhance how teams operate, collaborate, and achieve their goals. Their mission is to empower businesses with intelligent, data-driven solutions that drive efficiency, optimize processes, and unlock untapped potential.
Funding Details
Company: Wethos AI, Inc.
Raised: $7.5M
Round: Seed Round
Funding Date: August 2024
Lead Investors: Jeff Herbst of GFT Ventures
Additional Investors: Miramar Digital Ventures, UCI Cove Fund, Capellas Partners
Company Website: https://wethos.ai/
Software Category: Productivity
Source: https://www.prnewswire.com/news-releases/wethos-ai-secures-7-5m-in-seed-funding-to-revolutionize-the-future-of-work-302232235.html