# REXai

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

- Industry: Software
- Headquarters: Amsterdam, Netherlands
- Website: www.rex.ai
- Total disclosed funding: $1.7M
- Latest round: Seed (Jul 30, 2018)
- Investors on record: 1

## About

REXai specializes in developing advanced AI technology solutions that enhance operational efficiencies across various sectors, including healthcare, finance, and logistics, tailored to meet diverse market needs.Founded in 2016, REXai is headquartered in Amsterdam, Netherlands, and focuses on delivering innovative technology solutions. The company raised EUR 1.5 million in Seed funding in July 2018, led by Newion Investments. Founder Saeed Younesi has a background in technology innovation.REXai offers innovative technology solutions that address challenges in sectors such as healthcare, finance, and logistics. Their core products streamline processes and enhance operational efficiencies to improve user experiences. Targeting markets in North America, Europe, and Asia-Pacific, they cater to a diverse clientele, including enterprise-level clients and small to medium-sized businesses.The company's revenue comes from direct-to-consumer sales and business-to-business partnerships, utilizing subscription models for software solutions. They have established wholesale agreements to expand market reach, with pricing plans structured around flagship products to ensure value and foster long-term client relationships.REXai plans to utilize the EUR 1.5 million raised in Seed funding to further develop their product lineup and enhance market penetration. They are focusing on launching new AI-driven applications designed for the healthcare sector by mid-2023 and aim to expand their presence in regions such as Asia-Pacific and Latin America by the end of 2024.

## Funding rounds

- Seed, Jul 30, 2018, $1.7M — Newion Investments

## Investors

- Newion Investments (https://capitalatlas.ai/funds/newion-investments) — Seed