Earlybird and LocalGlobe backed the London startup to help businesses build custom operational software.
"stock ordering and inventory management for medication at scale wasn't solved by any off the shelf options. Like all good ops we started with a bunch of spreadsheets and a bit of app script, but it became clear that this wouldn't offer the robustness, security and level of integration we needed. We looked for a platform that we could build upon but it didn't exist, so the only option was to assemble an ops engineering team of backend and frontend developers."
The London startup secured £4m from investors including LocalGlobe and Dig Ventures to expand its team and refine its technology.
"Userled brings the power of generative AI to reshape a complex and mission-critical workflow for marketing teams. By accelerating the creation and distribution of personalised content and capturing contact-level insights without cookies, Userled provides a seamless solution to drive efficient growth – a key priority for any B2B company, especially these days."
The seed round was led by Hoxton Ventures with participation from Basis Set Ventures and Lightspeed Venture Partners.
"The Fundamental AI Research (FAIR) team is looking forward to collaborating with CuspAI in their use of AI, including our OpenDAC work, to accelerate the discovery of novel DAC sorbent materials. The world needs fast progress on affordable carbon capture, and we believe that CuspAI’s team is in an excellent position to apply AI-based materials discovery to this pressing problem."
The funding round was led by Dawn Capital with participation from Accel, LocalGlobe, and Bessemer Venture Partners.
"In an era when everyone is used to ordering goods and services from a meal to a car ride at the push of a button, it is unacceptable how difficult wholesale buying can be for small and medium-sized businesses. Qogita was founded with a mission to transform procurement and provide the buying power and privileges of a global chain to every ambitious e-commerce platform or mid-sized store. Over the past two years, we’ve been quietly building in service of our buyer and seller customers, and have made great strides so far, but there is of course still more work to be done. We’re delighted to be working with an elite group of visionary investors to revolutionize wholesale procurement."