DeepSee.ai: Raises $22.6M in Series A Funding

  • DeepSee.ai, a Salt Lake City, UT-based AI-powered Knowledge Process Automation company, closed $22.6m in Series A funding
  • The round, which brought total funding to date to $30.7m, led by ForgePoint Capital, with participation from previous investors AllegisCyber Capital and Signal Peak Ventures
  • In conjunction with the funding, Sean Cunningham, Managing Director of ForgePoint Capital, will join the DeepSee Board of Directors
  • The company also intends to use the funds to accelerate product development and expand the platform beyond the capital markets and insurance verticals
  • DeepSee also provides a knowledge process automation platform to mine unstructured data, operationalize AI-powered insights, and automate results into real-time action for the enterprise
  • DeepSee solutions designed to integrate and leverage its customers existing systems and tools, and to work across an array of enterprise activities
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app.Highlights: Ex-Revolut staffers raise $6M in funding.New app...