SAN FRANCISCO / LONDON (IT BOLTWISE) – AI startup Netic has closed an impressive funding round led by Founders Fund. With $23 million in Series B funding, the company plans to bring advanced AI tools to tradespeople like plumbers and roofers. This is the third consecutive time that Founders Fund has invested in Netic, underscoring the importance and confidence in the company’s vision.
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Netic, an emerging AI startup specializing in providing advanced technologies to craft businesses, recently closed a significant round of funding. The Series B, led by Founders Fund, raised $23 million for the company. This investment marks the third time that Founders Fund has backed Netic, underscoring the importance and confidence in the company’s vision.
Led by CEO Melisa Tokmak, Netic aims to provide tradespeople such as plumbers and roofers with innovative AI tools designed to optimize their work processes and make them more efficient. Netic’s technology promises to address everyday challenges in the industry by enabling data-driven decisions and increasing productivity.
The support from Founders Fund is a strong signal of Netic’s potential, especially since the fund has previously only invested in select companies such as Cognition AI and Anduril on multiple occasions. This strategic partnership could help Netic consolidate its market position and further develop its technology to meet the specific needs of the craft industry.
The investment comes at a time when demand for AI solutions is growing rapidly across various industries. Experts predict that the use of AI in the craft sector could not only increase efficiency but also open up new business opportunities. Netic is well positioned to benefit from this trend and take a pioneering role in the digitalization of crafts.
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