# Humata

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

- Industry: Software
- Headquarters: Austin, US
- Website: www.humata.ai
- Total disclosed funding: $3.5M
- Latest round: Seed (Oct 2, 2023)
- Investors on record: 3

## About

Based in Texas, US, and founded in 2021 by CEO Cyrus Khajvandi and CTO Daniel Rasmuson, Tilda Technologies Inc., trading under the name Humata, operates as a software company that focuses on developing an artificial intelligence (AI)-based research assistant that responds to users' inquiries on documents such as technical papers and reports. In October 2023, Humata raised USD 3.5 million in seed funding from Gradient Ventures, ARK Invest, and M13.

The company provides an AI research assistant that allows researchers to make informed decisions in their respective industries by streamlining the process of knowledge discovery. The research assistant empowers users to ask questions across all their documents and automatically get the answer.

Humata generates revenue from the subscription of its platform packages, which include Student (USD 1.99 per month), Expert (USD 9.99 per month), and Team (USD 99 per month).

The company plans to use its proceeds from October 2023 funding to accelerate its product development, expand operations, and hire more people.

## Funding rounds

- Seed, Oct 2, 2023, $3.5M — M13, Gradient Ventures, Ark Invest

## Investors

- M13 (https://capitalatlas.ai/funds/m13) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Ark Invest (https://capitalatlas.ai/funds/ark-invest) — Seed
