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

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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.
  • 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
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