The pre-seed round was backed by RAW Ventures and Cedars-Sinai Ventures to fund clinical deployment and regulatory approvals.
"We’re focused on leveraging the unique capabilities of ultrasound and developing solutions to make it smarter, faster, and more reliable, with clinicians at the centre of that transformation. This trial will assess the effectiveness of FraiyaScan in real world conditions. Importantly, the frontline staff and patient feedback will help us to understand the acceptability of the technology, where time-pressured scans, staffing gaps, and service variability, that can affect outcomes, may also impact the performance and adoption of AI-based innovations."
— Jackie Matthew, chief medical officer and clinical academic sonographer
The seed round was led by Stephen Altman, founder of New World Private Equity Partners, to support expansion of the company's marketing technology.
"This round isn’t just fuel, it’s validation. It validates the belief that marketing can be smarter, faster, and more effective when human creativity is amplified, not replaced, by AI. AMP™ gives ambitious brands the strategic edge they have been missing."
The London and San Francisco startup raised the seed capital from Base10 Partners and Y Combinator to expand its headcount.
"Outbound sales has stagnated over the past decade, with rapidly diminishing returns. Likewise, generic automation tools – even those promising the wizardry of AI – aren’t penetrating traditional industries because they don’t know how to find relevant prospects, let alone target them effectively."
The follow-on investment from Future Planet Capital Regional will support new software launches and team expansion.
"This follow-on investment is a fantastic validation of our vision and the progress we’ve made to date. It will allow us to accelerate our product roadmap, delivering innovative solutions that meet the evolving needs of the sector. We’re partnering with utilities to raise the bar for the entire data services industry, and we’re excited to welcome new talent to the team as we drive forward into our next phase of growth."
Events Venture Group backs the event intelligence provider in its third syndication within a year.
"I have never been as bullish about the event industry as I am right now. The challenge before us is how to deliver the highest levels of ROI, gain key insights into what our customers want and need and where industries are going. Explori is at the center of solving these challenges."
