# Portal AI

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

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.portal.ai
- Total disclosed funding: $5M
- Latest round: Seed (Jun 6, 2024)
- Investors on record: 2

## About

Founded in 2023 by co-founder Volodymyr (Vlad) Panchenko and Mohammad (Hamudi) Naanaa and based in California, US, Portal AI Inc. provides tools to small and medium enterprises to help manage, track, and grow their businesses. In June 2024, Portal AI Inc. raised USD 5 million in seed funding from investors BBQ Capital and StratMinds.

Portal AI's flagship product is an AI-powered platform that connects and analyzes data from multiple sources, such as sales, customer demographics, and product performance. The platform offers features including inventory management, ad budget optimization, and 24/7 business monitoring. Additionally, the software utilizes AI to analyze data and generate personalized recommendations for optimizing marketing strategies, inventory management, and ad spends.

Portal AI generates revenue through subscription-based plans, which cost US$300 per month and include advanced features and unlimited data points.

The company will use the June 2024 funding to improve its services that support the growth of its small to midsize retail customers.

## Funding rounds

- Seed, Jun 6, 2024, $5M — StratMinds, BBQ Capital

## Investors

- StratMinds (https://capitalatlas.ai/funds/stratminds) — Seed
- BBQ Capital (https://capitalatlas.ai/funds/bbq-capital) — Seed
