# Athenic AI

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.athenic.com/
- Total disclosed funding: $4.3M
- Latest round: Seed (Jan 30, 2025)
- Investors on record: 8

## About

Founded in 2022 by CEO Jared Zhao and based in California, US, Athenic AI Inc., formerly known as AskEdith, specializes in advanced data analysis solutions that empower business users to generate insights through natural language queries. In January 2025, Athenic AI Inc. raised USD 4.3 million in seed funding led by BMW i Ventures, with participation from 10vc, Abstraction Capital, Beat Ventures, Boost VC, Spacecadet Ventures, Scrum Ventures, and Stage 2 Capital.  Athenic AI specializes in advanced data analysis solutions that empower business users to effortlessly analyze structured data through natural language queries. Their core product offers a user-friendly interface that allows users to generate insights and visualizations without needing extensive technical expertise. By utilizing advanced Large Language Models (LLMs) and generative AI tailored to specific business needs, Athenic AI addresses various use cases, including retail strategy enhancement, data-driven decision-making, and sales analysis. The technology is designed for a diverse clientele, ranging from startups to large companies, including customers such as Penske Media Corporation and BMW i Ventures. Athenic AI's solutions are accessible in several geographical markets, including North America and Europe, targeting industries such as consumer packaged goods, media publishing, and automotive sectors. Athenic AI operates on a subscription-based revenue model, providing clients with tiered pricing plans that cater to varying levels of data needs and usage intensity. These plans facilitate direct access to their AI-driven analytical tools, enabling businesses to derive actionable insights from their data. The company’s primary client transactions involve partnerships with organizations seeking to enhance their data capabilities, as well as direct sales to end-users who require robust analytical support. Athenic AI is targeting expansion into new geographical markets, specifically aiming to increase their presence in Europe and Asia by the end of 2025, leveraging their recent funding to support these initiatives.

## Funding rounds

- Seed, Jan 30, 2025, $4.3M — BMW i Ventures, Boost VC, Scrum Ventures, Stage 2 Capital, Abstraction Capital, Beat Ventures, Spacecadet Ventures, 10vc

## Investors

- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Seed
- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed
- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Seed
- Stage 2 Capital — Seed
- Abstraction Capital (https://capitalatlas.ai/funds/abstraction-capital) — Seed
- Beat Ventures (https://capitalatlas.ai/funds/beat-ventures) — Seed
- Spacecadet Ventures (https://capitalatlas.ai/funds/spacecadet-ventures) — Seed
- 10vc (https://capitalatlas.ai/funds/10vc) — Seed