Marketing AI Institute Raises in $1M Seed Funding

Cleveland, OH-based Marketing Artificial Intelligence Institute closed a $1m seed funding round.

Cathy McPhillips

The round was led by Blue Cypress, a family of purpose-driven companies founded by technology entrepreneur Amith Nagarajan. The Institute is also supported by corporate sponsorship deals with Drift, Persado, HubSpot, MarketMuse and other leading AI technology companies.

Led by Paul Roetzer, founder and CEO, Marketing AI Institute is an online education and conference business that makes AI approachable and actionable to marketing leaders around the world. The Institute hosts the annual Marketing Artificial Intelligence Conference (MAICON) in Cleveland, Ohio, and runs the AI Academy for Marketers online education platform and community.

The company has also appointed Cathy McPhillips to chief growth officer. McPhillips will drive revenue growth, community building, and internal alignment of marketing, sales, service and operations. She is initially focused on expanding access to AI education through the Marketing AI Conference (MAICON), which will be held virtually Sept. 13 – 14, and AI Academy for Marketers, the Institute’s online learning platform. McPhillips brings more than 20 years of experience, including the last nine years in which she served as Content Marketing Institute’s vice president of marketing.

McPhillips joins Marketing AI Institute as the organization looks to accelerate its growth on the heels of raising a $1m seed round.

FinSMEs

10/05/2021