Alice, a San Francisco, CA- and Houston, TX-based platform powered by AI that works as a personal business adviser to small business owners, closed a Series A funding round of undisclosed amount.
The round was led by SVB Financial Group, parent company to Silicon Valley Bank.
The company intends to use the funds to build its predictive technology, using data analytics to guide each entrepreneur through every stage of their business.
Founded in 2017 by Elizabeth Gore and Carolyn Rodz, Alice uses AI to connect small business owners to resources from enterprise companies, governments and organizations, providing an online platform that acts as a free business adviser. As these businesses grow and engage within the Alice ecosystem, the platform’s technology learns more about a business owner’s needs and matches them with opportunities to scale based on their stage of growth, industry, and location – including resources like capital and business services, and connections to communities of like-minded business owners and mentors.
The comany has a community of more than 100,000 companies in all fifty states and across the globe, is open to all founders, and has a highlighted focus on helping women, people of color, veterans, the LGBTQ+ community, and persons with disabilities.