💰The Funding Letter #1434: June 7

M^0 Labs, Quantica, Indico Data, and more...

June 07, 2024

Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!

Look out for tomorrow’s second edition of Saturday Sales Gigs, where we’ll recap all of the Sales Gigs that appeared in TFL throughout the week!

Hit the Gong 🎉

Source: @crushing_quota

Daily Deals 💸

🌎 Americas

Indico Data provides a process automation platform leveraging DL and AI to offer contract analysis, regulatory compliance, audit, and reporting, customer support automation, and contract process automation, enabling businesses to improve the efficiency of labor-intensive workflows and automatically extract meaningful insights. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $19M, Venture - Series Undisclosed

Round Investors: .406 Ventures (lead), Guidewire Software

🚀Growth Focus: Enhance its first-to-market hybrid Discriminative and Generative AI platform; extend its global reach.

HQ: Boston, MA

Industry: Software Development

Employee Count: 91 (⚡12% increase in last 6 months)

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