Cerebri AI: Raises $7M in Funding

Cerebri AI: Raises $7M in Funding

• The company formally launched its new CVX v2 software platform in September 2019
• After previewing the platform, since July 2019, it already has pilots with companies selling to over 200M consumers
• Backers included new investor Arcis Capital Partners and existing investors
• Then the company intends to use the funds to continue to expand operations
• Cerebri AI’s platform also uses a machine learning paradigm called reinforcement learning
• Cerebri AI works with companies in the financial services, automotive, telecommunications and media