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Native AI raises USD 3.5 million in seed funding round
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Apr 6, 2023
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Digital Twin

Digital Twin

Apr 6, 2023

Native AI raises USD 3.5 million in seed funding round

Funding

  • Digital twin solutions provider Native AI has raised USD 3.5 million in a seed funding round led by JumpStart Ventures and Ivy Ventures, with participation from 11 Tribes Ventures and Connetic Ventures. This brings the total funds raised to USD 5.7 million. 

  • The funds raised will be used to broaden its operations, extend its business footprint, and speed up growth. 

  • Native AI provides a market intelligence platform that uses proprietary, generative AI to create custom digital twins of target customer and consumer bases for brands. Customers can interact with the digital twins and ask specific questions about products, habits, and preferences to get actionable and unbiased answers within minutes. The platform, used by international brands like McKinsey & Company and Kellogg’s, differs from most other similar platforms because it allows users to see the specific sources used to generate recommendations and answers. It also allows companies to monitor product, industry, and competitor performance daily by extracting and analyzing consumer reviews from major retailer websites such as Amazon, Walmart, and Target.

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