Statt, a Washington, DC- and Austin, TX-based big data and artificial intelligence company for the public policy, regulatory, and strategic communications sectors, raised $2.8M in Seed funding.
The round was led by Moneta Ventures, with participation from Clutch VC, Next Coast Ventures and NextGen Venture Partners.
The company intends to use the funds to expand its sales, marketing, engineering, and machine learning teams to accelerate the development and deployment of its SaaS platform.
Led by CEO Steve Glickman, Statt is a global AI SaaS platform focused on surfacing mission critical public policy, regulatory, and geopolitical insights. It is dedicated to providing real-time, data-driven solutions that empower large companies, professional services firms, government agencies, and policy organizations to navigate complex regulatory and legislative landscapes.
The company already counts several influential corporations and professional services firms among its customers and partners, including Microsoft, Visa, FTI Consulting, and Avoq. Notably, Statt was accepted into the Microsoft for Startups Pegasus Program, as well as the Google for Startups Program and the NVIDIA Inception Program, which have collectively awarded the company $700,000 in cloud computing credits.
FinSMEs
20/09/2024