HomeCanadaDippy AI Raises $2.1M in Pre-Seed Funding

Dippy AI Raises $2.1M in Pre-Seed Funding

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Dippy AI, a Toronto, Canada-based mobile-first AI app product company, raised $2.1M in Pre-Seed funding.

The round was led by Drive Capital with participation from Carya VC, Cory Levy, Hustle Fund and Pareto20 (Edward Lando).

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

Led by CEO Akshat Jagga, and COO Angad Arneja, Dippy AI is a character AI app that empowers users to create companion characters with custom personalities, back stories and other attributes. Its companions are interactive and have persistent memories so they know about their human partners. An open-sourced, mobile-first app, it is also uncensored and unfiltered so users may confide whatever personal issues, secrets, and hopes they wish to share. 

Dippy features include:

  • Anime-styled characters that are described and conjured up by users, with unique background stories and qualities. 
  • The app is colorful, animated, provides full screen illustrations 
  • Built as native iOS and Android apps. 
  • Suggests messages to help users in their conversations 
  • Follows Apple App Store guidelines with over -17 permission, and offers a NSFW setting
  • Recently added a chain-of-thought feature so a user can understand how the companion came to a conclusion or why it expressed a particular idea.

With approximately 100 million messages already sent, Dippy AI users spend an average of one hour plus with their companions.

The Dippy iOS and Android censorship-free, filter-free app and web product has garnered 500,000 monthly users since being quietly introduced in April. Users have created 30,000+ different characters in the one month this feature has been enabled.

FinSMEs

23/10/2024

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