# Yurts

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.yurts.ai
- Total disclosed funding: $58M
- Latest round: Series B (Nov 6, 2024)
- Investors on record: 6

## About

Based in California, US, and founded in 2022 by its CEO Ben Van Roo, and co-founder Guruprasad Raghavan, Yurts operates as a provider of generative artificial intelligence application solutions for workforce communication. In September 2023, Yurts raised USD 16 million in series A funding led by Nava Ventures, with participation from other new investors Bloomberg Beta, Essence VC, Mango Capital, and XYZ Ventures. 

Yurts offers a comprehensive AI platform that enables users to find information from various data sources and organizational silos, streamlining the search process, facilitating the retrieval of critical documents such as employee handbooks, user manuals, and insurance policies, summarizing information from diverse sources like meetings, customer support emails, and consumer research. Additionally, it allows users to draft emails, research reports, proposals, and various forms of content.

The company plans to use the series A funding to expand its artificial intelligence platform and team development.

## Funding rounds

- Series B, Nov 6, 2024, $40M — Glynn Capital, Bloomberg Beta, XYZ Ventures, Mango Capital, Nava Ventures
- Series A, Aug 31, 2023, $18M — Bloomberg Beta, XYZ Ventures, Mango Capital, Essence VC, Nava Ventures

## Investors

- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Series A, Series B
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Series A, Series B
- Mango Capital (https://capitalatlas.ai/funds/mango-capital) — Series A, Series B
- Essence VC (https://capitalatlas.ai/funds/essence-vc) — Series A
- Nava Ventures (https://capitalatlas.ai/funds/nava-ventures) — Series A, Series B
- Glynn Capital (https://capitalatlas.ai/funds/glynn-capital) — Series B