# Airin

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

- Industry: Software
- Headquarters: Park City, US
- Website: www.airin.ai
- Total disclosed funding: $0.6M
- Latest round: Seed (Jun 14, 2017)
- Investors on record: 3

## About

Airin, Inc. specializes in developing AI Expert Systems that empower organizations to replicate expert problem-solving capabilities, enhancing operational efficiency and reducing dependence on specialized teams.Founded in 2017 and headquartered in Park City, US, Airin, Inc. focuses on creating AI solutions that allow businesses to streamline problem-solving processes. The company has successfully raised USD 0.640 mn in total funding through 2 deals, with the most recent funding round being a Venture Debt of USD 0.890 mn led by Kickstart Capital in September 2017. The co-founders, Elisha Davidson and Linda Klug, have backgrounds that contribute to this innovative venture, with Linda Klug currently serving as the CEO.Airin, Inc. offers an innovative AI Expert System that enables organizations to replicate the problem-solving abilities of their top experts without requiring the expertise of data scientists or engineers. The core product functions by analyzing the patterns in questions and hypotheses posed by experts, creating an AI companion that assists various teams, including customer service agents, sales personnel, and consultants, in independently tackling a broader spectrum of complex problems. This system, released as part of Airin’s broader offering, reduces dependence on large teams of specialized experts and aims to streamline training processes, thereby enhancing productivity for new hires who can reach performance benchmarks more quickly. The company primarily serves clients in North America and Europe, engaging businesses that seek to optimize internal processes and reduce operational costs through advanced AI solutions.Airin generates revenue through a subscription model for its AI Expert System, which allows clients to access the technology on an ongoing basis. Client transactions typically involve partnerships where organizations subscribe to the service to equip their teams with the AI companion, which in turn assists in problem-solving and training initiatives. The pricing structure is designed to be scalable, catering to businesses of varying sizes, from small firms to large enterprises. While specific pricing plans are not disclosed, the service is positioned as a cost-effective alternative to traditional expert consultation processes, focusing on delivering substantial labor cost reductions and improved efficiency. This approach aligns with the company's commitment to enhancing productivity and reducing time-to-competence for new employees across diverse sectors.Airin, Inc. plans to leverage the recent funding of USD 0.890 mn raised in September 2017 to enhance its product offerings and expand into new markets. The company is currently developing additional features for its AI Expert System, which are anticipated to launch within the next year. Additionally, Airin aims to penetrate new geographic regions, specifically targeting the Asia-Pacific market by 2024. This strategic expansion will support their mission of optimizing internal processes for a wider range of clients through advanced AI solutions.

## Funding rounds

- Seed, Jun 14, 2017, $0.6M — SLC Angels, PC Squared, Alonzi Ventures

## Investors

- SLC Angels — Seed
- PC Squared — Seed
- Alonzi Ventures (https://capitalatlas.ai/funds/alonzi-ventures) — Seed
