ChAI
Latest round
- Seed
Last raised
- Oct 2022
Total raised
- $2.5M
Investors
- 8
About ChAI
Founded in 2017, ChAI is headquartered in London, UK, providing AI-powered insights into raw material markets.ChAI specializes in AI-powered raw material market intelligence, offering two core products: ChAI Insight and ChAI Protect. ChAI Insight provides users with access to comprehensive commodity pricing forecasts and market analysis, leveraging advanced AI technology to identify trends and insights within raw material markets. This solution supports procurement strategies by synthesizing vast amounts of data into actionable intelligence, enabling companies to make informed decisions. On the other hand, ChAI Protect serves as an insurance offering designed to mitigate price risk associated with raw material fluctuations, thereby safeguarding businesses against market volatility.ChAI generates revenue primarily through subscription-based models for its ChAI Insight and ChAI Protect products. Clients enter into agreements that provide them with access to tailored market intelligence and risk management solutions, typically structured as annual or semi-annual subscriptions. These partnerships enable organizations to leverage ChAI’s technology for commodity price forecasting and risk mitigation, creating a direct B2B relationship between ChAI and its clients. The revenue model is underpinned by the value that ChAI’s offerings bring to businesses, helping them navigate the complexities of commodity pricing while ensuring business growth through risk management solutions. The company aims to introduce new products designed to further improve market intelligence capabilities. ChAI plans to target new regions for expansion, with a focus on enhancing its presence in markets across Asia-Pacific and North America by 2024.
Who invested in ChAI
8 investors across 3 rounds
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Questions about ChAI
Who invested in ChAI?
ChAI has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ChAI raised?
ChAI has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did ChAI last raise money?
ChAI's most recent round on record is a Seed, in Oct 2022.
What does ChAI do?
Founded in 2017, ChAI is headquartered in London, UK, providing AI-powered insights into raw material markets.
Where is ChAI headquartered?
ChAI is headquartered in London, UK.
Which VCs invest in companies like ChAI?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at ChAI's stage. Their profiles are linked below.
VCs backing software startups at Seed
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