Total amount raised
$10 Million
Latest funding date
11/1/2023
Location
Obviously AI has successfully raised funding over multiple rounds, with the latest being a Seed round. The company was backed by 18 investors, including TMV and UTEC - The University of Tokyo Edge Capital Partners.
What Is Obviously AI?
Obviously AI was a private company based in San Francisco, California, specializing in Artificial Intelligence (AI), Machine Learning, and Predictive Analytics. The company enabled businesses to build custom AI and LLM models using No-Code AI and human-guided data preparation.
Obviously AI was founded by Nirman Dave and Tapojit Debnath. The platform was designed to help businesses automate tasks and make data-driven decisions more efficiently.
How Much Funding Has Obviously AI Raised?
- Seed Round
- Amount Raised: USD 4,100,000
- Date: November 2023
- Lead Investors: UTEC - The University of Tokyo Edge Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the company's R&D and enhance its AI capabilities.
- Seed Round (Extension)
- Amount Raised: Not publicly disclosed
- Date: July 2021
- Lead Investors: University of Tokyo Edge Capital Partners (UTEC)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand in Asian markets including Japan, partnering with client Dai Nippon Printing on its go-to-market strategy.
- Seed Round
- Amount Raised: USD 3,600,000
- Date: May 2021
- Lead Investors: TMV
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To grow R&D, expand sales and marketing teams, and introduce additional algorithms.
- Pre-Seed Round
- Amount Raised: USD 800,000
- Date: March 2020
- Lead Investors: Arka Venture Labs
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial product and build a user base.
- Convertible Note
- Amount Raised: USD 100,000
- Date: March 2019
- Lead Investors: SkyDeck Berkeley
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support early-stage operations and product development.
Total Amount Raised: USD 10,000,000. Current Valuation: Not publicly disclosed. The total is the company's own figure; the listed rounds sum to USD 8.6 million, and the July 2021 seed extension's amount was not disclosed.
Key Investors
- UTEC - The University of Tokyo Edge Capital Partners
- Details: UTEC is a venture capital firm based in Tokyo, Japan, affiliated with the University of Tokyo. It focuses on investing in innovative startups and research-driven companies.
- Investment Focus Areas: Technology, healthcare, deep tech.
- Notable Investments: Not publicly disclosed.
- TMV
- Details: TMV is an early-stage seed fund based in New York and Chicago. The firm invests in companies that are transforming industries and creating new markets.
- Investment Focus Areas: Early-stage companies, technology, healthcare, consumer products.
- Notable Investments: Blueland, Parsley Health.
- Arka Venture Labs
- Details: Arka Venture Labs is a venture capital firm that supports early-stage startups. It focuses on companies with a strong technology foundation.
- Investment Focus Areas: Technology startups, early-stage companies.
- Notable Investments: Darwinbox, SirionLabs.
- SkyDeck Berkeley
- Details: SkyDeck Berkeley is an accelerator and venture fund based at the University of California, Berkeley. It supports startups with mentorship and funding.
- Investment Focus Areas: Technology, early-stage startups, university-affiliated ventures.
- Notable Investments: Not publicly disclosed.
- B Capital Group
- Details: B Capital Group is a global investment firm that partners with growth-stage companies. It focuses on sectors that are transforming industries.
- Investment Focus Areas: Technology, healthcare, fintech.
- Notable Investments: Bird, Ninja Van.
What's Next for Obviously AI?
Zams, formerly Obviously AI, announced in August 2026 that it was winding down.
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