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Strategies for building AI tools people will actually use at work

Strategies for building AI tools people will actually use at work
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
December 14, 2023

What We're Reading

  • Strategies for building AI tools people will actually use at work [TechCrunch]
  • How GenAI can turn an autobiography into an interactive Black history lesson [TechCrunch]
  • WhatsApp now lets you pin messages in individual and group chats [TechCrunch]
  • Tesla reinstates clause that threatens to sue Cybertruck owners for $50,000 if they resell the vehicles within a year [Business Insider]

Trending Companies

Opal Security, a firm that develops a unified identity platform for modern enterprises, aggregates identity and access data to provide customers with the visibility and defense-in-depth infrastructure they need for their mission-critical systems, raises $22MM Series B from Battery Ventures.

Data Centers • San Francisco, CA • Post-Money Valuation

 

ARTBIO, a firm that is into clinical-stage radiopharmaceutical biotechnology business intended to offer a new approach to the treatment of cancer, raises $90MM Series A from Third Rock Ventures.

Pharmaceuticals • Cambridge, MA • Post-Money Valuation

 

Sindri, a firm that develops a zero-knowledge proof infrastructure platform, raises $5MM Seed from CoinFund.

SaaS • Denver, CO • Post-Money Valuation

 

Helix by HL, a firm that provides a generative AI assistant for private markets, raises $6MM Seed from FINTOP Capital.

Artificial Intelligence • Boulder, CO • Post-Money Valuation

 

DataCebo, a firm that provides generative AI solutions to enhance developer productivity, raises $8.5MM Seed from Link Ventures.

Artificial Intelligence • Weston, MA • Post-Money Valuation

 

ContactMonkey, a firm that offers an internal email communications platform, raises $55MM Series A from Updata Partners.

Email • Ontario, Canada

 

Yogi, a firm that develops a customer insights platform, raises $10MM Series A from Blueprint Equity.

Analytics • New York, NY • Post-Money Valuation

 

Qortex, an intelligent video analytics firm that uses artificial intelligence to match advertisers to contextually relevant moments in a video and monetizes social videos, raises $10MM Equity Funding from GFT Ventures.

AdTech • New York, NY • Post-Money Valuation

 

Leav, a firm that develops a shopper-led checkout solution designed to enhance customer interactions and give shoppers their time back at scale, raises $2.3MM Seed from Exo10.vc.

Automation • Montreal, Canada

 

Sharpen, a company that offers early learning assessments and effective reading interventions, backed by science, raises $11MM Equity Funding from Learn Capital.

Education • Concord, MA • Post-Money Valuation


 

Pontera, an innovator of platform solutions that include held away account trading & management, fee analyzer, a white-labeled software for acquiring customers as well as rollover compliance for evaluating rollovers, enabling advisors to see, trade, and manage assets in 401k, 403b, 529, and other held away accounts, raises $60MM Equity Funding from ICONIQ Growth.

Fintech • New York, NY • Post-Money Valuation

 

Off Madison Ave acquires CGPR, a company that provides consumer public relations services.

Public Relations • Marblehead, MA • Deal

 

Platinum Dermatology Partners acquires Skin and Cancer Associates, a company that provides medical, surgical and cosmetic dermatologic care services.

Dermatology • Miami Gardens, FL • Deal

 

World Insurance Associates acquires Foy Insurance Group, a family of independent insurance agencies.

Insurance • Exeter, NH • Deal

 

Blackford Capital acquires LTD Online Stores, a company that operates a furniture e-commerce business.

Furniture • San Diego, CA • Deal

 

Summit Growth Partners invests in Prostatis Financial Advisors, a company that financial consulting and related services.

Investment Management • Hanover, MD • Deal

 

Assa Abloy Ab-B acquires Ghost Controls, a company that manufactures and designs automatic outdoor products.

Windows & Doors • Tallahassee, FL • Deal

 

American Pacific Group completes its investment in Spark Power, a firm that offers electrical power and maintenance services.

Electrical • Ontario, Canada

 

Sikich intends to acquire Golden Trail Advisers, a wealth management consulting firm that offers investment management, retirement and business succession planning.

Retirement • Willowbrook, IL • Deal

 

Invaio Sciences acquires Peptyde Bio, a company that developed a transformative nature-based bio-fungicidal technology for agriculture.

Biotechnology • Saint Louis, MO • Deal

 

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