# Lara AI

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

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.meetlara.ai
- Total disclosed funding: $1.1M
- Latest round: Seed (Oct 28, 2022)
- Investors on record: 5

## About

Based in Delaware, US, and founded in 2021, Sigma Engagement, LLC., doing business as Lara AI, operates as a developer of conversational AI personal assistants that help companies detect disgruntled employees and gather insight information to improve the human resources and employee support processes. In October 2022, Lara AI raised USD 1.1 million in venture funding from investors 500 Global, Brazil Venture Capital, MrPink VC and Newtopia VC.


The company's flagship product, Lara AI, serves as a virtual HR team member, engaging in empathetic and personalized conversations with employees. It collects detailed information about their experiences, providing leaders and HR teams with valuable real-time people analytics insights. The continuous listening and predictive capabilities of Lara AI ensure that employee concerns are addressed promptly, fostering a more collaborative work environment. In addition to Lara Experience, Lara AI offers Lara Helpdesk, an AI-powered support system that efficiently responds to employees' frequently asked questions, manages various tasks such as vacation requests, and streamlines information access. This module helps free up HR and employee time, enabling them to focus on more strategic initiatives. The software integrates with other communication tools like Slack, Teams, WhatsApp, and Google Chat.

## Funding rounds

- Seed, Oct 28, 2022, $1.1M — 500 Global, FJ Labs, MrPink VC, Brazil Venture Capital, Newtopia VC

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- MrPink VC (https://capitalatlas.ai/funds/mrpink-vc) — Seed
- Brazil Venture Capital (https://capitalatlas.ai/funds/brazil-venture-capital) — Seed
- Newtopia VC (https://capitalatlas.ai/funds/newtopia-vc) — Seed