# AI.Reverie

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ai-reverie

- Industry: Software
- Headquarters: New York, US
- Website: https://aireverie.com
- Total disclosed funding: $5.6M
- Latest round: Seed (Apr 14, 2020)
- Investors on record: 8

## About

AI.Reverie, Inc. is a tech company that specializes in artificial intelligence and machine learning solutions, focusing on generating synthetic data to enhance training models for various industries.Founded in 2017, AI.Reverie, Inc. operates out of New York, US, and provides advanced AI solutions. The company has completed 4 deals, with its latest funding round being a Seed round in October 2021, where it raised USD 5.60 mn, led by Vulcan Capital. The founders, Daeil Kim and Paul Walborsky, bring rich experience in technology and entrepreneurship.AI.Reverie specializes in innovative air purification and environmental monitoring solutions designed for both residential and commercial applications. Their core product offerings include advanced air filtration systems that utilize cutting-edge technology to enhance indoor air quality by removing pollutants, allergens, and harmful particles. Designed to meet the increasing demand for healthier living and working environments, these products cater to a diverse client base, including hospitals, educational institutions, and households looking to improve air quality. The company also provides integrated monitoring systems that track air quality metrics in real-time, allowing users to make informed decisions about their indoor environments. AI.Reverie's products are marketed primarily in North America and Europe, where there is a significant focus on wellness and environmental sustainability.AI.Reverie generates revenue through direct sales of its air purification systems and monitoring solutions, structured primarily as Business-to-Business (B2B) transactions. The company engages with corporate clients and institutions, offering tailored packages that may include subscriptions for ongoing monitoring services and maintenance plans. Each product is typically sold with associated service agreements, ensuring customers receive comprehensive support post-purchase. Pricing structures are designed to accommodate various customer needs, including bulk purchase discounts for larger organizations and flexible financing options for smaller clients. The flagship product, known for its patented filtration technology, is central to AI.Reverie's sales strategy, driving significant interest from both new and existing customers.AI.Reverie, Inc. aims to expand its offerings with new air purification technologies set to launch in 2022, targeting markets in Asia and Latin America by mid-2023. Recent funding from the Seed round will support these initiatives, enhancing product development and market entry strategies. The company anticipates leveraging its innovative solutions to increase its footprint in the growing environmental monitoring sector.

## Funding rounds

- Seed, Apr 14, 2020, $5.6M — Compound Ventures, Vulcan, In-Q-Tel, Resolute Ventures, Alumni Ventures Group, TechNexus Venture Collaborative, SGInnovate
- Seed, May 8, 2018 — Compound Ventures, Vulcan, Resolute Ventures, Locke Mountain Ventures

## Investors

- Compound Ventures (https://capitalatlas.ai/funds/compound-ventures) — Seed
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Seed
- Resolute Ventures (https://capitalatlas.ai/funds/resolute-ventures) — Seed
- Locke Mountain Ventures — Seed
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- TechNexus Venture Collaborative (https://capitalatlas.ai/funds/technexus-venture-collaborative) — Seed
- SGInnovate (https://capitalatlas.ai/funds/sginnovate) — Seed