Yurts, a San Francisco, CA-based AI integration platform, has raised $40 million in Series B funding, bringing its total investment to $58 million.
Investors
The round was led by XYZ Venture Capital, with participation from Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital.
XYZ Venture Capital is a San Francisco and New York-based firm specializing in early-stage investments in transformative technologies. The firm invests in founders at the earliest stages, focusing on the public sector, fintech, enterprise, climate, and tech-forgotten industries.
Yurts Use of Funds
The company will use the funds to accelerate growth and drive the industry shift from experimental GenAI to its integration in mission-critical systems.
About Yurts
Founded by Ben Van Roo, Jason Schnitzer, and Guruprasad Raghavan, Yurts delivers secure, production-ready AI solutions designed to transform mission-critical workflows in defense, government, and enterprise environments. Its AI integration platform connects models to high-security systems of record, enabling organizations to unlock operational insights, enhance decision-making, and achieve unprecedented productivity.
Funding Details
Company: Yurts Technologies, Inc.
Raised: $40.0M
Round: Series B
Funding Date: December 2024
Lead Investor: XYZ Venture Capital
Additional Investors: Glynn Capital, Nava Ventures, Bloomberg Beta, Mango Capital
Company Website: https://www.yurts.ai/
Software Category: AI Integration
Source: https://www.prnewswire.com/news-releases/yurts-secures-40m-in-series-b-funding-to-accelerate-growth-for-mission-critical-defense-government-and-enterprise-systems-302320856.html