Black Crow Series A Funding Secures Investment

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Black Crow's Series A funding has brought in a significant amount of capital, $10 million, to support the company's growth and expansion.

This investment will enable Black Crow to further develop its technology and increase its market presence.

The funding will also be used to hire more staff and enhance the company's infrastructure to meet the growing demands of its customers.

With this new capital, Black Crow is poised to take its business to the next level and achieve its long-term goals.

Series A Funding

Black Crow AI secured a significant Series A funding of $25 million, led by Imaginary Ventures, with participation from other notable investors including Primary Venture Partners, Bloomberg Beta, Interlock Partners, Vast Ventures, and more.

This funding round will be used to improve machine learning application in e-commerce and related spheres, as well as expand Black Crow's teams across product, client service, and commercial segments.

The company's proprietary platform runs on top of retailers' websites, enlisting streaming event data from customers' browsers to train AI models and generate meaningful insights in just 15 milliseconds.

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Here are the key investors involved in Black Crow AI's Series A funding:

The funding will enable Black Crow AI to further develop its no-code machine learning infrastructure, which simplifies predictive analysis through an API-driven approach that works with existing workflows, software, and tools.

Funding Details

Black Crow Series A funding is a significant milestone for the company. The funding round was led by a prominent venture capital firm.

The funding amount was $10 million, which will be used to scale the company's operations and expand its product offerings. This investment will enable the company to accelerate its growth plans.

The funding round was oversubscribed, with multiple investors showing interest in the company. This level of interest is a testament to the company's strong potential for growth.

The investment will be used to strengthen the company's technology infrastructure, enhance its marketing efforts, and build a stronger sales team.

Financial Performance

Black Crow AI's financial performance is a story of steady growth and investment. The company has raised $40.31M over 3 rounds.

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Black Crow AI's latest funding round was a Series A - II for $8.01M on August 16, 2022. This round was led by Imaginary Ventures, Primary Venture Partners, and Undisclosed Investors.

The company's valuation has increased significantly over time, with a post-money valuation from August 2022 that is not publicly disclosed. In April 2021, Black Crow AI's valuation was estimated to be between $14.7M and $22M.

Here's a quick rundown of Black Crow AI's funding rounds:

Deal Terms

Black Crow AI's deal structure is available for 2 funding rounds, including their Series A - II from August 16, 2022.

The funding date for the Series A - II round was $XXM, while the Seed VC round had a funding date of $XXM.

The pre-money valuation for the Series A - II round was $XXM, and the Seed VC round had a pre-money valuation of $XXM.

The post-money valuation for the Series A - II round was $XXM, and the Seed VC round had a post-money valuation of $XXM.

Credit: youtube.com, Startup Funding Basics: Alternatives and Deal Terms

The amount raised in the Series A - II round was $XXM, and the Seed VC round raised $XXM.

The general voting power for the Series A - II round was $XXM, and the Seed VC round had a general voting power of $XXM.

The board voting power for the Series A - II round was $XXM, and the Seed VC round had a board voting power of $XXM.

Here is a comparison of the deal terms for both rounds:

AI Investors

Black Crow AI has 9 investors, with Primary Venture Partners being one of them. They invested in Black Crow AI's Series A - II funding round.

Primary Venture Partners was the first investor, investing in Black Crow AI on April 5, 2021. The funding round also included a Series A - II investment in 2022.

Black Crow AI's investors are primarily based in New York, with a focus on venture capital. Here's a breakdown of the investors:

The last funding round for Black Crow AI was on August 16, 2022.

Frequently Asked Questions

How much do you get paid for Series A funding?

For Series A funding, founders typically earn an average salary of $183,000, based on their role, experience, and the stage of development. This figure may vary, but it's a common benchmark for startups at this funding stage.

Who is the founder of Black Crow AI?

Richard Harris is the founder of Black Crow AI. He leads the company as its CEO, driving innovation in AI/ML infrastructure.

Felicia Koss

Junior Writer

Felicia Koss is a rising star in the world of finance writing, with a keen eye for detail and a knack for breaking down complex topics into accessible, engaging pieces. Her articles have covered a range of topics, from retirement account loans to other financial matters that affect everyday people. With a focus on clarity and concision, Felicia's writing has helped readers make informed decisions about their financial futures.

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