# Cerebri AI

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

- Industry: Software
- Headquarters: Austin, US
- Website: www.cerebri.com
- Total disclosed funding: $5M
- Latest round: Series A (Jun 28, 2018)
- Investors on record: 4

## About

Cerebri AI Inc. leverages advanced artificial intelligence technology to enhance customer engagement and operational efficiency, offering tailored solutions for businesses across various industries.Cerebri AI Inc. is an Austin, US-based company founded in 2016 that specializes in AI-driven customer engagement solutions. The founder, Jean Belanger, has a history of founding other tech initiatives. The company raised USD 7 mn in its latest funding round on December 4, 2019, with Quartus Capital Partners as a notable investor. Cerebri AI Inc. has completed 2 deals to date.The company offers a range of core products and services designed to meet various consumer and business needs. Its primary offerings include innovative technology solutions that enhance operational efficiency and customer engagement across multiple sectors. These products function by integrating advanced algorithms and user-friendly interfaces, enabling clients to streamline processes and improve service delivery. Targeted end-use cases encompass businesses seeking to optimize workflow, enhance data analytics, and boost customer satisfaction. The company primarily serves clients in North America and Europe, catering to a diverse customer base that includes small and medium-sized enterprises (SMEs) and larger corporations across industries such as retail, finance, and healthcare.Cerebri AI Inc. generates revenue through a subscription-based model, complemented by partnerships that foster long-term client relationships. Revenue is derived from clients who subscribe to various service tiers, including premium features and additional support options tailored to specific industry needs. For example, a typical transaction may involve a business purchasing an annual subscription for access to the company's flagship product, complete with ongoing updates and customer support. Specific pricing plans reflect the value of the services provided, allowing clients to choose packages that best align with their operational goals and budgetary constraints. The consistent demand for these services across their geographical markets contributes to a robust revenue profile that supports sustained growth initiatives.Cerebri AI Inc. plans to utilize the USD 7 mn raised in December 2019 to accelerate the development of new products aimed at enhancing their service offerings. The company is focusing on expanding into additional markets in Europe and Asia by the end of 2023. The recent funding will support product development and the establishment of regional partnerships to facilitate this expansion.

## Funding rounds

- Series A, Jun 28, 2018, $5M — M12, UT Horizon Fund, WorldQuant Ventures, Leawood Venture Capital

## Investors

- M12 (https://capitalatlas.ai/funds/m12) — Series A
- UT Horizon Fund (https://capitalatlas.ai/funds/ut-horizon-fund) — Series A
- WorldQuant Ventures (https://capitalatlas.ai/funds/worldquant-ventures) — Series A
- Leawood Venture Capital (https://capitalatlas.ai/funds/leawood-venture-capital) — Series A