x.ai Secures $23M in Series B Financing

xaix.ai, inc., a NYC-based artificial intelligence company, secured an additional $23m in Series B financing.

The round was led by Two Sigma Ventures with participation from DCM Ventures and Work-Bench Ventures and existing investors IA Ventures, Firstmark Capital, Softbank Capital / SBNY, Lerer Hippeau Ventures, Crunchfund, and Pritzker Group Venture Capital.

The company intends to use the funds for continued expansion of its data science team as well as the development of its customer acquisition and enterprise sales teams.

Founded in 2014 by former Visual Revenue CEO Dennis R. Mortensen and co-founders Alex Poon, Matt Casey, and Marcos Jimenez, x.ai makes an Artificial Intelligence personal assistant who schedules meetings for users.
To date, a select number of customers have had beta access to x.ai’s AI personal assistant (Amy or Andrew Ingram). Customers simply cc’ Amy, and she takes over the job of scheduling their meeting.



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