On (formerly known as GameOn Technology), a San Francisco, CA-based provider of an AI chat platform, raised $25M in funding.
The round, which brought the total amount to $80M, saw participation from Equiam, B3 Capital, Commonwealth Financial Network, and Mirae Asset Venture Investment.
The company intends to use the funds to expand operations and its business reach.
Led by Alex Beckman, Kalin Stanojev, and Nate Simmons, On provides an AI chat platform designed for enterprise-level use, known for empowering generative AI experiences used by brands. It enables its partners to create new and sustainable revenue streams backed by AI while connecting with their customers and fans.
Its portfolio of partners includes luxury lifestyle brands such as Valentino and Armani. Additionally, some of league sports teams worldwide, including the New York Yankees, Las Vegas Raiders, and Philadelphia 76ers use the platform to connect with their fan base on a deeper level.
FinSMEs
07/12/2023