Max Ventures is a seed-stage venture capital firm that invests in consumer tech and health-tech companies. Max Ventures primarily invests in digital commerce, digital media, fintech, and digital Health. It was founded in 2013 and headquartered in New York, United States.

Max Ventures

R Ventures is an investment company that provides early-stage investments to firms in the technology and healthcare industries. It was founded in 2012 by Richard Leksell.

R Ventures

Leksell Social Ventures is the first professional impact investing company in Sweden.  LSV seeks to evolve the practice of philanthropy through establishing social impact investing at an institutional scale in Sweden, building on inspiration from the UK and US.  We are a non-profit, private investment company incorporated in Sweden.  LSV finances scalable, economically sustainable, well governed initiatives with evidence based and measurable social impact.  LSV invests up to 1 mUSD through equity, loans, guarantees or grants.  LSV is currently focusing on integration, mental ill health and tech for good initiatives  Founded by life-science billionaire Laurent Leksell (Elekta AB) and Family LSV is run by CEO, Hugo Mörse and team.

Leksell Social Ventures

We're Acequia Capital, a company and partnership based in Seattle with expertise in tech investments. We're seasoned industry partners and systems thinkers in product strategy, business models, and market entry. We're in good company with founding teams in most industries, mainly in the US, UK, and Europe.

Acequia Capital (AceCap)

EQT Ventures is a European VC fund with just over €2.3 billion in total capital raised. EQT Ventures I launched in May 2016, with commitments totaling €566 million and a simple mission - to be the kind of VC the team would have liked to have had on their own startup journeys. Recognizing that building and growing a company takes more than just capital, the EQT Ventures team provides founders with support and advice throughout different stages of growth. EQT Ventures doesn't focus on particular markets or industries, but on bold and ambitious founders who have the grit and determination to build global success stories. EQT Ventures II launched in November 2019, with commitments totaling €660 million. EQT Ventures III launched in 2022, with commitments totaling €1.1 billion, making it the biggest European Venture Capital fund committed to early-stage tech startups. The EQT Ventures team is based across six offices in London, Stockholm, Berlin, Paris, Amsterdam, Paris, and San Francisco, taking a locals-with-locals approach and supporting founders on the ground. Motherbrain, EQT Ventures'  in-house-developed artificial intelligence (AI) platform, ensures the team has a data-driven approach and has driven more than $100 million in portfolio company investments.

EQT Ventures

Menlo Ventures provides capital for multi-stage consumer, enterprise, and life sciences technology companies. Since 1976, the firm’s market-driven analysis has led to the identification of opportunities and successful investments in innovative markets. Notable areas of investment include Marketplaces (Uber, Rover.com, Poshmark); Consumer Services (Tumblr, Betterment, Roku, Siri); Dev/Ops (Harness, Edge Delta, Fire hydrant); SaaS (Carta, ScoutRFP, Qualia, Benchling, Everlaw); Fintech (Betterment, Bluevine, Chime); Cybersecurity (Cavium, IronPort, BitSight, Abnormal, StackRox); and Life Sciences Technology (Synthego, Cofactor Genomics, Recursion Pharmaceuticals, 3T Biosciences). Menlo’s portfolio includes more than 70 public companies, and more than 100 mergers and acquisitions, with $5 billion under management. The firm is currently investing in Menlo Ventures XV, a $500 million early-stage fund, as well as its $500 million Inflection Fund, which targets early-growth investments.

Menlo Ventures

New Enterprise Associates, Inc. is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. With over $19 billion in cumulative committed capital since the firm’s founding in 1977, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from the seed stage through IPO. The firm's long track record of successful investing includes more than 210 portfolio company IPOs and more than 360 acquisitions.

New Enterprise Associates

Workday Ventures is the strategic investment arm of Workday focused on identifying, investing, and partners with early to growth-stage companies. The company helps accelerate innovation and connects the next generation of enterprise technology companies with Workday’s customers, partners, and employees.

Workday Ventures

Sana

Sana Labs is in the development and application of artificial intelligence to learning. We partner with the world’s leading organizations to transform learning outcomes with personalized learning. The company's platform uses advances in machine learning to create personalized learning, giving health systems, financial institutions, pharmaceutical firms, and other international organizations the ability to assess the teams' strengths, weaknesses, and progress with unparalleled clarity and receive practical advice and insights. Sana Labs was established in 2016 by Joel Hellermark in Stockholm, Stockholms Lan.

<div>Founded in 2016 by Joel Hellermark, Sana Labs develops an adaptive learning platform that provides corporations with artificial intelligence-driven personalized learning, course creation, and analytics, for skilling, upskilling, and reskilling their workforce. Using adaptive assessments, learning, and reviews, Sana Labs identifies skill gaps, personalizes lessons, provides learning analytics, and recommends interventions. The platform also contains an authoring tool for companies to create their own courses. Sana serves the healthcare, financial services, life sciences, and technology industries.</div>

Modern tools to train and motivate staff, and bridge emerging skill gaps.

EdTech: Corporate Learning

<div>Sana is a Swedish AI-based knowledge management and learning platform for enterprises. Sana utilizes large language models (LLMs), including OpenAI's Whisper, GPT-4, and Dall-E, to combine live collaborative sessions with self-paced courses and streamline knowledge sharing through automated content generation, transcription, and summarization. It also engages learners with interactive features like video chat sessions, presentations, quizzes, Q&amp;A, and polls. Sana integrates with various team applications, including Github, Google Workspace, Notion, Slack, and Salesforce.</div>

Exploring the limitless possibilities of AI

Generative AI Applications

Sana Labs

<div>
 
 Founded in 2016 by Joel Hellermark, Sana Labs develops an adaptive learning platform that provides corporations with artificial intelligence-driven personalized learning, course creation, and analytics, for skilling, upskilling, and reskilling their workforce. Using adaptive assessments, learning, and reviews, Sana Labs identifies skill gaps, personalizes lessons, provides learning analytics, and recommends interventions. The platform also contains an authoring tool for companies to create their own courses. Sana serves the healthcare, financial services, life sciences, and technology industries.
 
 
 Funding and financials
 
 
 In May 2023, the company raised 
 <a href="https://sp-edge.com/updates/19023">
 USD 28 million in an extended Series B funding round
 </a>
 led by NEA, with a post-money valuation of USD 250 million. It planned to use the funds to further expand its product development and commercial teams across its offices in Stockholm, London, and New York.&nbsp;The round follows its 
 <a href="https://sp-edge.com/updates/15308?industryIds=46">
 USD 34 million in a Series B funding
 </a>
 round led by Menlo Ventures in December 2022.
 
</div>

<div>
 
 Coursera is a massive open online course provider (MOOC) founded in 2012 by Stanford University professors Andrew Ng and Daphne Koller. Coursera partners with universities and organizations to offer classes, courses, specialization programs, projects, certificates, degree programs, and workforce development products. The platform hosts classes from more than 200 universities and contains a suite of video lectures, auto-graded homework assignments, and discussion forums.&nbsp;
 
 
 Launched in 2016, Coursera for Business is the company's enterprise platform; Coursera for Government and Nonprofits, introduced in 2017, offers skill development courses for government and nonprofit workforces; and Coursera for Campus allows universities to offer online education to students, alumni, faculty, and staff. As of August 2021, the Coursera platform was being used by about 87 million learners, with Coursera for Business being used by more than 2,300 organizations and 550,000 enterprise learners as of September 2020.
 
 
 In April 2021, Coursera announced that it was testing a new program that allows learners to create courses by making its Guided Project teaching tool available to its learner community. In August 2021, the company announced a new fee structure for universities where fees paid to Coursera progressively reduce from 40% to 25% of total online tuition fees. The company also launched a Leadership Academy within Coursera for Business, to provide soft skills training to corporate leaders. &ldquo;LevelSets,&rdquo; an assessment tool with over 20 different machine learning-based skill assessments, was launched in November 2021 to enable learners to determine their current proficiency in business, technology, and data skills. More recently, in May 2022, the company launched Clips, a learning program that comprises 200,000+ videos for skill development for companies and universities. Additionally, the company released new tools, including personalized schedules, data-driven deadlines, lecture summaries, and adobe-guided projects. In conjunction with the release of new features, the company announced the launch of Career Academy for institutions, a career training program for learners that provide entry-level professional certification from notable corporations such as&nbsp; Google, IBM, and Meta.&nbsp;
 In February 2024, Coursera launched the Generative AI (GenAI) Academy in the UAE, partnering with top universities and companies like Microsoft and Google, to train executives and employees in AI skills.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 Coursera continues to deploy collaborations to introduce new courses and expand its audience. The company selected Persona, a provider of identity verification infrastructure, as its identity verification partner to ensure that learners receive their credentials. The company partnered with K16 Solutions, a specialist in LMS course migration, course design, and course archiving, allowing Coursera users to quickly move course content from their LMS onto the Coursera platform as a result of its integration with K16 Solutions' Scaffold Migration tool. In May 2022, the company partnered with several institutions and enterprises, including IIM Ahmedabad, IIM Indore, IIIT Bangalore, Indian Institute of Science (IISc), Hero Mindmine, PwC India, and Tally Education, to meet the demand for job-relevant credentials.
 
 
 The company has entered into several notable client partnerships. In September 2021, it partnered with EFMD, a non-profit accreditation body, to provide business school students across 700 member institutions in 90 countries access to more than 4,000 courses and 1,900 Guided Projects on Coursera. The program will include courses from Google, Facebook, BCG, IBM, and Microsoft and they will be developed with support from partner schools and companies. In August 2022, Coursera partnered with corporate learning solution provider Skillsoft, to allow Skillsoft users access to Coursera for Business directly within Skillsoft Percipio.&nbsp;&nbsp;&nbsp;
 
 
 Funding and financials
 
 
 In July 2020, Coursera raised USD 130 million as part of its Series F funding round, led by New Enterprise Associates (NEA). The funding will be used toward product development and engineering, expanding its job-relevant catalog, and furthering the company's overseas expansion. Specifically, the funding will allow the company to meet increased demand for two Covid-focused initiatives: Campus Response Initiative to help universities teach affected students, and Workforce Recovery Initiative to help governments reskill unemployed workers.&nbsp;
 
 
 In March 2021, Coursera went public and reportedly raised USD 519 million, with a post money-valuation of USD 5.86 billion.&nbsp;
 
 
 For the 
 <a href="https://sp-edge.com/updates/16316">
 full-year 2022,
 </a>
 the company's revenue increased by 26% YoY to USD 523.8 million. However, the company also reported an operating loss of USD 177.4 million (up 24% YoY) and an adjusted EBITDA loss of USD 36.9 million (up 4.1% YoY), resulting in a net loss of USD 1.21 per share (down by 5.5% YoY). The company 
 <a href="https://sp-edge.com/updates/20536">
 upgraded its full-year guidance for FY2023,
 </a>
 with revenue expected to range from USD 617 million&ndash;USD 623 million, and revised its adjusted EBITDA loss to range USD 19 million&ndash;USD 24 million.
 
</div>

Coursera

<div>
 
 Founded by David Blake, David Wiley, and Eric Sharp in 2012, Degreed is a professional and lifelong learning platform that provides curated educational content such as courses, videos, articles, books, and podcasts for employee skill building and skill certification. Degreed is free for individual users while Degreed for Enterprise, launched in 2014 as the company’s corporate offering that links to companies’ internal training systems, is available for a fee. In addition to providing training and coursework, Degreed for Enterprise matches employees' skill profiles, roles, and goals with opportunities, projects, and gigs. As of April 2021, the platform had been used by more than seven million people across more than 350 organizations.
 
 
 Degreed’s acquisitions include Gibbon, a Dutch platform for creating learning content playlists in 2016; Pathgather, a New York-based learning experience platform for enterprises in 2018; and London’s Adepto, a contract and gig work platform in 2019. Its most recent acquisition was in June 2022, when it 
 <a href="https://sp-edge.com/updates/11296">
 acquired Learn In,
 </a>
 the upskilling-as-a-service platform, to strengthen Degreed’s suite of services by integrating Learn In’s solutions across the areas of user development, individual upskilling opportunities, and organizational innovation.
 
 
 Key customers and partnerships 
 
 
 The company has used collaborations and partnerships to expand its portfolio of offerings. In November 2020, Degreed announced a partnership with TED to launch TED@Work on its platform. TED@Work is a library of more than 500 TED Talks and TED-Ed animations—each including a business-focused framework designed to create actionable outcomes. In February 2021, Pluralsight, a technology learning platform, expanded its partnership with Degreed, allowing Pluralsight’s enterprise users to incorporate assessment data from Pluralsight’s Skill IQ into Degreed’s skill analytics and gain greater visibility into individual and team technology skills. Historically, Degreed users were able to integrate Pluralsight’s technology content. In April 2021, the company partnered with Watershed, a provider of learning analytics platforms and part of UK-based Learning Technologies Group, allowing Degreed users access to enhanced learning analytics and reporting. In May 2021, the company announced a collaboration with Credly, a digital credentialing company, to render Credly’s digital credentials visible in Degreed’s talent development programs. This allows organizations to build transparent, centralized records of skill gaps and learning opportunities. Degreed partnered with Learn In, a developer of marketplace and funding solutions for skill building through bootcamp and certificate programs. Degreed users gain access to a marketplace of learning experiences, tools for employer tuition assistance, and support via personal coaches. In June 2021, Degreed deepened its five-year old partnership with CredSpark, a provider of audience engagement and insights solutions. Existing “CredSpark for Degreed'' users will gain access to additional tools and enhancements, and a new paid offering, “CredSpark+”, will give its users access to more sophisticated CredSpark tools. In May 2021, the company partnered with BoostUp.ai, the developer of a revenue intelligence and operations platform, to gain insight into its sales pipeline and improve pipeline management. 
 
 
 Funding and financials
 
 
 In June 2020, the company raised USD 32 million in a Series C extension round led by Owl Ventures. The funds will be used to develop its career mobility product that helps companies train their employees to fill internal opportunities. Degreed will also allow employees to showcase their skills and connect with job opportunities. In April 2021, Degreed raised USD 153 million in Series D funding to accelerate product development, enhance data infrastructure, fuel global expansion, and pursue strategic acquisitions. In August 2021, the company appointed Wendy Steinle as Chief Marketing Officer (CMO) and Janice Burns as Chief People Officer.
 
</div>

Degreed

<div>
 
 Founded in 2015 by Rachel Carlson and Brittany Stich, Guild Education partners with businesses, non-profits, and universities to offer education as a benefit in the form of online classes, programs, and degrees from more than 80 universities and more than a dozen community colleges. Companies may provide their employees with partial or full tuition support to upskill or earn a degree. Guild works with employers to select programs that are most relevant to its employees, earning a percentage of the fees paid to the universities. The universities then save the expense and effort involved in marketing and recruitment. The company also provides its own support and mentoring services to help students plan, apply for, and finish their programs. As of November 2019, about 400,000 working adults joined the program–around 3%-5% of employees at partner companies. As of May 2020, the Guild Education platform offered more than 1,600 online degree programs.
 
 
 In June 2021, the company announced the formation of a new Advisory Board of diverse business education leaders to generate insights and better serve all stakeholders.
 
 
 In May 2020, Guild Education launched Next Chapter, a program that replaces outplacement services by using algorithms to match employees with new roles in fields that are hiring and recommend programs for retraining. The company also acquired Entangled Group, an educational technology (EdTech) consulting and venture studio that also served as an initial investor in Guild Education. Entangled Group's portfolio of 21 EdTech companies will be managed independently of Guild Education.
 
 
 Key customers and partnerships
 
 
 In February 2021, the company partnered with 2U, Inc., a developer of digital educational offerings in partnership with colleges and universities, to make 2U’s portfolio of more than 500 digital programs (including online degree programs, online short courses, and boot camps) available on the Guild Education platform. In March 2021, Ancora Corporate Training, a part of Ancora Education, an operator of private, post-secondary schools across the US, partnered with Guild Education by joining the Guild Education Learning Marketplace. In February 2022, the company partnered with UCHealth to launch the UCHealth Ascend Career Program, an educational and upskilling program investing up to USD 50 million for UCHealth employees. 
 More recently, In June 2022, Guild Education partnered with Snowflake, a cloud computing–based data warehousing firm, to deploy Snowflake’s new cybersecurity workload solution to strengthen its data security. 
 
 
 Funding and financials
 
 
 In June 2022, Guild Education reportedly raised 
 <a href="https://sp-edge.com/updates/10883">
 USD 175 million in a Series F 
 </a>
 funding round led by Wellington Management. It planned to use the funds to expand into in-demand markets such as healthcare, childcare solutions, and career assessments. The company’s valuation rose to USD 4.4 billion from USD 3.75 billion a year ago. The company also reported that its annual recurring revenue (ARR) was more than USD 100 million in FY2020.
 
</div>

Guild Education

<div>
 
 Strivr has developed a virtual reality (VR) product for workplace training that simulates real-world and on-the-job situations. Strivr was incubated at Stanford University when co-founder and CEO Derek Belch developed a VR application in 2014 to help football players train off the field. The company's focus later shifted to workplace training. Its products combine interactive 360-degree videos with computer-generated scenarios in which trainees must actively participate. Strivr exclusively uses Oculus headsets for its VR experiences. As of March 2020, Strivr’s 22,000 VR headsets in operation had registered 1.6 million sessions.
 
 
 In 2017, Strivr partnered with Walmart to bring VR instruction 200 “Walmart Academy” instruction centers and all Walmart stores. In March 2021, Bank of America announced that it was rolling out Strivr’s VR product to thousands of employees across its 4,000 banks after a pilot program with about 400 employees. The bank plans to incorporate VR into its corporate learning program, “The Academy,” and apply the technology across a range of training areas such as notary services, fraud detection, and practicing empathy with customers.
 
 
 In April 2022, Strivr raised 
 <a href="https://sp-edge.com/updates/9834">
 USD 35 million in a funding round
 </a>
 led by Georgian Partners and will use the funds for platform development. The company also announced that it is part of Accenture Ventures’ Project Spotlight, a program focused on investing in developers of disruptive technologies. Additionally, the company is part of the Workday Software Partner Program, with plans to integrate its technology with Workday Content Cloud. 
 
</div>

Strivr

<div>
 
 Torch Leadership Labs is a leadership development platform founded by coaches, psychologists, entrepreneurs, and people managers. Torch conducts 360-degree interviews with executives, their direct reports, and peers, and scores them on empathy, visionary thinking, communication, conflict resolution, management, and collaboration. Torch lays out improvement goals and timelines, and arranges video chat sessions with specialized coaches. Sessions remain confidential and only performance goals and metrics are shared with the HR team through a dashboard on the platform. As of April 2020, Torch had worked with more than 10,000 leaders across more than 200 organizations.
 
 
 In April 2020, Torch launched Small Group Coaching, a month-long course that provides personalized coaching to small groups and individuals that also incorporates peer-to-peer learning.
 
 
 Funding and financials 
 
 
 In May 2022, the company raised USD 40 million in a Series C funding round 
 led by 137 Ventures. It planned to use the funds for product development and to scale operations. The round follows its USD 25 million Series B fundraise in February 2021.
 
</div>

Torch Leadership Labs

Virtual, augmented, and mixed reality technologies create immersive and interactive learning experiences

Technologies use algorithms and data analysis to improve employee training and development

LLearning platforms and D&I learning modules to promote a more inclusive and equitable workplace culture

Solutions provide insight into employee performance and areas for improvement

Learning content | Career development includes providers of content libraries and customized courses focusing on learning and developing skills directly related to job roles and careers (including hard skills, soft skills, and skills in demand). Delivery styles are varied and include in-person or virtual classrooms, mobile learning, and micro-learning. A variety of technologies may be employed such as video-based learning, artificial intelligence-based (AI-based) and adaptive learning, augmented reality (AR), and virtual reality (VR).

Learning and engagement tools include platforms that offer adaptive learning, gamification, immersive learning, and microlearning solutions that can be used by enterprises for the delivery of learning content.

<div>
 
 Sana is a Swedish AI-based knowledge management and learning platform for enterprises. Sana utilizes large language models (LLMs), including OpenAI's Whisper, GPT-4, and Dall-E, to combine live collaborative sessions with self-paced courses and streamline knowledge sharing through automated content generation, transcription, and summarization. It also engages learners with interactive features like video chat sessions, presentations, quizzes, Q&amp;A, and polls. Sana integrates with various team applications, including Github, Google Workspace, Notion, Slack, and Salesforce.
 
 
 The platform claims to boost productivity by up to 30% through GenAI, achieving a 10x increase in speed with its real-time collaborative editing, templates, and AI-assisted suggestions, all while maintaining ISO 27001 certification and GDPR compliance.
 
 
 Key customers and partnerships&nbsp;
 
 
 As of August 2023, the platform had served 300,000 users across 200 organizations, including Klarna, Merck, Kry/Livi, Svea Solar, Securitas, Truecaller, and Electrolux Group.
 
 
 Funding and financials
 
 
 In May 2023, the company raised USD 28 million in an extended Series B funding round led by NEA. It planned to use the funds for product development and expanding its team of 70 employees. The round followed its USD 34 million Series B funding round in December 2022. 
 
 
 
</div>

<div>
 
 Forethought offers a unified customer support platform based on generative AI. Its primary product is &ldquo;SupportGPT,&rdquo; a conversational AI chatbot that can build workflows, resolve queries, assist human agents, and fill knowledge gaps.&nbsp;
 
 
 Forethought&rsquo;s solutions include:
 
 
 1) Solve: A generative AI chatbot that independently handles simple but repetitive customer service tickets. The AI automatically analyzes historical customer service logs and knowledge documents to generate responses.&nbsp;
 
 
 2) Assist: Assists human agents by automatically generating responses to end users based on conversation history, provides context by analyzing past tickets, and draws on&nbsp; knowledge articles to help resolve queries.
 
 
 3) Triage: Analyzes ticket details and historical data to prioritize and route tickets to the correct agents
 
 
 4) Discover: Analyzes customer service history to generate new knowledge articles or recommend new workflows where gaps exist
 
 
 Forethought also offers a platform called &ldquo;SupportGPT Playground,&rdquo; which allows customers to train and experiment with SupportGPT using their own data. In September 2023, the company launched Autoflows that uses natural language prompts to undertake a series of tasks in order to automate customer service interactions.&nbsp;
 
 
 As of April 2023, Forethought&rsquo;s solutions were available for integration on several customer service platforms, including Zendesk, Salesforce, ServiceNow, Freshdesk, Dialpad, and Talkdesk.
 
 
 The platform leverages 
 <a href="https://sp-edge.com/companies/362567">
 OpenAI
 </a>
 &rsquo;s large language models (LLMs), using the same technology as ChatGPT, along with its own algorithms to limit the data that the AI model can access. This reduces the possibility of completely incorrect responses (hallucinations)&mdash;a documented issue with unconstrained LLMs such as ChatGPT. It does this by using the algorithms to generate a query that is submitted to the large AI model as a guide, which allows responses to be more specific to a customer&rsquo;s workflow.
 
 
 Key customers and partnerships
 
 
 At its launch in March 2023, its customers included Kickfin and Upwork. As of April 2023, Forethought&rsquo;s customers included Lime, iFIT, Achievers, Q4 Inc., Etekcity, Beeline, Uncommon Goods, Spoonflower, Kajabi, and PDQ.
 
 
 In October 2023, Forethought joined the 
 <a href="https://sp-edge.com/updates/23307">
 Amazon Web Services (AWS) 
 </a>
 Partner Network to make its services accessible on the AWS Marketplace.
 
 
 
 
 Funding and Financials
 
 
 In December 2021, Forethought raised USD 65 million in a Series C funding round led by Steadfast Capital to accelerate growth. Total raised funding stood at USD 92 million as of April 2023. In 2021, the company reported an increase in annual recurring revenue (ARR) by 5x.&nbsp;
 
 
 
</div>

Forethought

<div>
 
 Got It AI has developed a ChatGPT-like conversational chatbot for enterprise Q&amp;A applications. Its solutions include:
 
 
 1)&nbsp; ArticleBot: A virtual agent solution that analyzes an organization&rsquo;s customer service articles or external knowledge sources to provide accurate conversational support in customer service and employee workflow applications&nbsp;
 
 
 2) AutoFlows: A tool that helps analyze customer service voice, chat logs and other data to identify the dialogue paths in a given workflow and build them into a virtual agent. AutoFlows requires no code; integration with customer systems is assisted by a human team
 
 
 3) Truth Checker: An advanced AI that can identify if an AI is &ldquo;hallucinating,&rdquo; a common issue with large language models (LLMs) causing incorrect response generation. Truth Checker is able to detect when a response generated for a customer query is irrelevant or entirely incorrect, preventing the response from being delivered to the user and providing links to knowledge articles, if so.&nbsp;
 
 
 As of January 2023, ArticleBot operated on a fine-tuned version of Davinci-3, a variant of OpenAI&rsquo;s GPT-3.5 LLM, trained on a database defined by the organization alongside Got It&rsquo;s proprietary &ldquo;Truth Checker&rdquo; AI.&nbsp;
 
 
 For customers unwilling to use a large open-source LLM via an API or those that are unable to operate an expensive LLM on-premises, Got It offers its own proprietary Enterprise Language Model Architecture (ELMAR). Launched in March 2023, ELMAR is smaller than models like GPT-3 and can be run on readily available hardware. Combined with input scanning and Truth Checker AI, ELMAR is able to match larger models for accuracy in narrower enterprise workflows, such as customer Q&amp;A.
 
 
 Key customers and partnerships
 
 
 As of June 2022, Got It AI&rsquo;s customers included crowdfunding website Indiegogo and baby care product brand Frida.
 
 
 In October 2023, Got It AI partnered with 
 <a href="https://sp-edge.com/updates/22708">
 NVIDIA
 </a>
 AI Solutions to integrate its ELMAR platform with NVIDIA's AI technologies.
 
 
 Funding and financials
 
 
 Got It AI has raised a total of USD 22.5 million in funding as of April 2023 across several rounds and emerged from stealth in June 2022. Got It AI&rsquo;s co-founder and venture capitalist Peter Relan has participated in several of the firm&rsquo;s funding rounds.
 
 
 
</div>

Got It AI

<div>
 
 Persado is a &ldquo;motivation&rdquo; platform generating marketing content using machine learning. The platform recognizes different customers based on their reactions to language and uses those insights to generate personalized content that engages across all channels (web, email, ads, etc.) Persado&rsquo;s use cases include:
 
 
 1) Personalization: Identifying what content will motivate each customer to generate personalized messaging across all marketing channels
 
 
 2) Acquisition: Using personalized messaging for higher conversion rates in customer acquisition campaigns
 
 
 3) Onboarding: Personalizing content for each individual and engaging customers from the day of acquisition
 
 
 4) Retention: Keeping customers engaged using personalized messaging for renewals, loyalty programs, and upgrades
 
 
 5) Pre-collections: Promoting on-time payments using encouraging language and providing clear instructions&nbsp;
 
 
 6) Customer service: Encouraging customers to follow self-service prompts
 
 
 In August 2023, Persado launched 
 <a href="https://sp-edge.com/updates/21089">
 &ldquo;Essential Motivation&rdquo;,
 </a>
 to help marketers create emotionally resonant messages, to drive customer engagement and conversion rates. The company unveiled 
 <a href="https://sp-edge.com/updates/27700">
 new features
 </a>
 to this in March 2024, including new product descriptions, segment personalization, brand alignment scores, and web copy optimization, aimed at improving marketing content effectiveness.
 
 
 The Persado platform, based on a proprietary language model, uses a large consumer behavior database of historical interactions (1.2 billion consumers and over 100 billion interactions) to determine what qualities of a message appeal to consumers. Given a set of keywords as input, it leverages deep-learning transformer models to generate messages that are most likely to bring conversions, ensuring the content is in line with a customer&rsquo;s brand using specially trained language models.&nbsp;
 
 
 Over time, Persado uses machine-learning experimentation and decision-making to identify how messages cause each consumer to behave, enabling additional personalization for each future communication. The platform can also directly integrate with customer data platforms (CDPs) to leverage consumer language profiles.
 
 
 Persado also integrates with common marketing tools to fit into marketing teams&rsquo; workflows, providing detailed dashboards and analytics to visualize the impact of each piece of content.
 
 
 Key customers and partnerships
 
 
 Persado partnered with digital journey continuity platform Namogoo in May 2023, integrating its dynamic motivation platform with Namogoo&rsquo;s customer intent and segmentation database to allow ecommerce stores to dynamically adapt their messaging for individual customers.&nbsp;
 In March 2024, it partnered with 
 <a href="https://sp-edge.com/updates/27701">
 Bounteous x Accolite
 </a>
 to leverage Persado's language knowledge base and GenAI tools to enhance commerce and marketing experiences across diverse sectors.
 
 
 Persado&rsquo;s customers as of April 2023 include Vanguard Group, Marks &amp; Spencer, Chase Bank, Emirates NBD, and Vodafone.
 
 
 Funding and financials
 
 
 Persado raised USD 30 million in a Series C funding round held in April 2016 led by Goldman Sachs. The funds were for enhancing distribution and product development.&nbsp;
 
 
 
</div>

Persado

<div>
 
 Founded in 2022, SellScale is a GenAI-driven sales and marketing outbound platform that streamlines sales communication, which originated during the founders' work on the 
 <a href="https://www.dailydropout.fyi">
 DailyDropout.FYI
 </a>
 newsletter. This led to SellScale&rsquo;s evolution into a comprehensive solution, where sales development representatives (SDRs) utilize it to train GPT-3 and other language models using their top-performing outbound emails. It then customizes these emails using data from CRMs and 40+ data sources, including social media, RSS feeds, and articles. The platform optimizes sales workflows by prioritizing prospects, streamlining follow-ups, enabling multi-threaded engagement (generating leads from multiple contacts), and automating scheduling. It also integrates with tools like Gmail, Outreach.io, Apollo, LinkedIn, and Zapier to enhance workflow efficiency.
 
 
 
 
 The platform claims to improve revenue by 10x while reducing the time required to just 10%.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 The firm's solutions are specialized for SDRs across healthcare, FinTech, technology, and business consulting, where the firm offers specialized targeting and playbooks for the respective industries by leveraging industry-specific data.
 
 
 
 
 Funding and financials
 
 
 In November 2022, the company raised USD 3.4 million in a seed funding round led by Pear Venture Capital.
 
 
 
</div>

SellScale

<div>
 
 DeckRobot is a platform compatible with Microsoft PowerPoint that leverages AI to transform raw slides into enterprise-ready presentations. DeckRobot AI transforms draft slides into professional, on-brand slides by adapting graphics from a vast library of slide examples. Users can apply an unlimited number of styles to any slide deck, including old documents, client materials, or web-sourced slides.&nbsp;
 
 
 
 
 DeckRobot offers enhancements for individual slides, such as adding approved icons and images, object alignment, slide resizing, and text validation through AI checks. DeckRobot's plugin acts as a time-saving tool for PowerPoint users, reducing manual work and potentially saving up to 80% of working time. The plugin emphasizes creating visually appealing presentations that adhere to company brand guidelines while maintaining content quality.&nbsp;
 
 
 
 
 Key customers and partnerships&nbsp;
 
 
 
 
 DeckRobot collaborates with clients from Fortune 500 companies and small businesses across over 50 countries.
 
 
 
</div>

DeckRobot

Generative AI applications are built on foundation models that are trained using advanced ML models

The technology allows the creation of digital avatars and virtual games

All companies within the space offer a product or service based on generative AI

The technology allows the creation of personalized content

Some applications leverage NLP to train models to process and respond to language-based prompts

Generative AI applications are built on in-house or third-party foundation models

Companies that provide personalized learning experiences for users to improve language skills, literacy, critical thinking, and writing skills; companies that extract data to compile and summarize research documents and podcasts as well as those that offer information gathering and analysis solutions for finance/investments.

Sana Labs

EdTech: Corporate Learning

Key stats

EDGE Insights

GenAI Ecosystem (Q2 2023): Innovation keeps pace while regulations take shape

Corporate learning: On a mission to engage

Recent Updates

Sana Labs raises USD 28 million in an extended Series B fundraiser

Sana Labs raises USD 34 million in Series B funding

Company Brief

Funding

Investors

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless