Zylon, a Madrid, Spain-based GenAI application for every workplace not requiring tech or prompt engineering skills to be used, raised $3.2 million in pre-seed funding.
SaaS Investors
The round was led by Felicis with participation from LifeX Ventures, Zypsy, and other strategic angels like Travis McPeak co-founder of Resourcely, Kirill Tashilov of Talis Capital, and Hans-Christian Zappel founder of IMMO.
Founded in 2006, Felicis Ventures is a venture capital firm based in Menlo Park, California. The firm seeks to invest across all industries and sectors.
Zylon Use of Funds
The company intends to use the funds to grow the team and evolve the existing SaaS product to cover entrepreneurs, and small and medium-sized companies with no AI technical team expertise to build their own GenAI tools and associated infrastructure.
About Zylon
Founded in 2023 by Iván Martínez Toro and Daniel Gallego Vico, Zylon is a smart, private AI collaborator that understands any business to empower their teams. Zylon can proactively execute tasks, collaborate with employees, and bring new expertise to any project. From report generation to summarization or query company data, Zylon provides a novel user experience where no tech background or prompt engineering knowledge is needed to leverage the power of GenAI.
Funding Details
Company: PriBAI Technology Spain S.L.
Raised: $3.2M
Round: Pre-Seed
Funding Month: February 2024
Lead Investors: Felicis
Additional Investors: LifeX Ventures, Zypsy, Travis McPeak, Kirill Tashilov, and Hans-Christian Zappel
Company Website: https://www.zylon.ai/
Software Category: AI Collaborator
Source: https://www.finsmes.com/2024/02/zylon-raises-3-2m-in-seed-funding.html