Jaid, a London, UK and New York-based AI as a Service startup, raised £3M in Seed funding.
The round was led by Sure Valley Ventures.
The company intends to use the funds to expand its machine learning team, build out business development efforts across America and Europe and expand into Asia.
Led by CEO Dan Kramer, Jaid is an Al-powered automation platform that extracts critical data from all company and customer communications across all channels. It analyzes and organizes the data into actionable insights and integrates it with existing systems and workflows. Its AI as a Service (AIaaS) solutions automate a variety of use cases, including client service automation, sales automation, payment exception processing, and claims administration processing.
The company has offices in London and New York, supporting a roster of financial services clients, including ClearBank, Syndio, Calastone, and Legal & General.
FinSMEs
14/12/2022