# SPIRITT Labs

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

- Industry: Software
- Headquarters: Ramat Gan, Israel
- Website: www.spiritt.io
- Total disclosed funding: $14M
- Latest round: Seed (Jul 20, 2023)
- Investors on record: 3

## About

Based in Israel, and founded in 2020, SPIRITT Labs Ltd. operates as an application development company that develops software applications. The company was founded by Tamir Magen (CEO) and Or Kliger (President and CTO). In July 2023, SPIRITT Labs Ltd. raised USD 8 million in seed funding co-led by Disruptive AI and Square Peg, with participation from Silicon Valley Bank.

SPIRITT Labs offers a human-assisted AI-enabled subscription-based SaaS (software-as-a-service) platform that develops various software applications like Airbnb, Instagram, Pinterest, etc. The company allows developers to collect information through virtual conversations with a chatbot thus eliminating the need for coding knowledge, making it easier for individuals without programming expertise to develop software and mobile applications for both Android and iOS platforms.

The company generates revenue by offering its services on a subscription-based pricing plan. The price of the plan varies from USD 0 – USD 1,500/month.

The company plans to use the July 2023 funding to hire more staff.

## Funding rounds

- Seed, Jul 20, 2023, $8M — Silicon Valley Bank, Square Peg, Disruptive AI
- Seed, Jul 5, 2022, $5.5M — Silicon Valley Bank, Disruptive AI

## Investors

- Silicon Valley Bank — Seed
- Disruptive AI (https://capitalatlas.ai/funds/disruptive-ai) — Seed
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Seed