Noetica AI Raises $6M in Funding

Noetica AI
Noetica co-founders pictured from left to right: Dan Wertman, Tom Effland, and Yoni Sebag. (Photo: Business Wire)

Noetica AI, a NYC-based provider of an AI software platform that benchmarks corporate debt transactions, raised $6M in funding.

The round, which brought the total amount to $7.8M, was led by Lightspeed Venture Partners.

The company intends to use the funds to accelerate its mission of bringing AI-driven insights to the complex corporate debt markets focusing on product development, market expansion, and team growth.

Founded in 2022 by Dan Wertman, Tom Effland, and Yoni Sebag, Noetica provides an AI-powered software platform that helps deal professionals benchmark corporate debt transactions. Leveraging artificial intelligence, it empowers its clients to analyze complex transactional documentation to inform term negotiation and decision-making in debt issuances and investments.

FinSMEs

12/12/2023