Aucctus, a Toronto, Canada-based AI startup providing an enterprise innovation management platform, raised $1.5M in Seed funding.
The round was led by Four Cornerstones Capital.
The company intends to use the funds to expand its team of AI and machine learning engineers, further developing its proprietary technologies and enhancing the platform’s capabilities.
Led by CEO Tyler Anderson, and President Vincent Atallah, Aucctus provides an AI-powered innovation management platform which alllows corporate innovators to identify new ideas, vet them against market trends and corporate strategy, propose financial models, identify target customers, and test assumptions.
Founded in early 2024, the company has spent eight months building with eight of the world’s largest companies and is now rolling the platform out to thousands of employees across Canada, the U.S, Europe, and the Middle East.
FinSMEs
16/09/2024