HumanX Raises $6M in Funding

humanx

HumanX, a NYC-based AI strategy company serving as a catalyst for organizations with solutions in the dynamic AI landscape, raised $6M in funding.

The round was led by Primary Venture Partners, with participation from Foundation Capital, FPV Ventures and Andreessen Horowitz.

The company intends to use the funds to expand operations and development efforts.

Co-founded by Stefan Weitz and Jonathan Weiner, HumanX serves as an incubator to make AI useful to organizations across the globe through a three-pronged approach. Aside from its inaugural gathering in early 2025, the organization will also deliver the following:

  • A Data-Driven Advisory Service: Together with HarrisX, HumanX will provide quantitative insights into AI adoption and challenges across industries. This partnership will first produce a comprehensive industry report scheduled for release this summer to help frame the key questions facing each industry. Moving forward, the pair will partner with a major consultancy (to be announced) to supplement this data with qualitative insights offered to organizations on a subscription basis, enabling them to gain a competitive edge within their peer set.
  • AI Regulation and Policy Advocacy: Committed to ethical AI practices, HumanX will launch a nonprofit entity in the fall dedicated to advocating for responsible AI regulation and policies. The HumanX Foundation will ensure that corporate and governmental organizations have a voice in shaping the future of AI governance and will partner with, as well as support other nonprofits in the space. Partnering with Concordant, a newly formed business advisory within Public Policy Holding Co. (PPHC), HumanX will leverage its expertise in policy to ensure that the acceleration of AI technology aligns with future regulatory standards.

FinSMEs

15/04/2024