On May 16, 2024, the Delaware-based children's AI assistant startupAngel AIannounced it has raised $4.75 million in seed funding. The round was led by Cortical Ventures, with participation from Village Global and several of its angel investors.
The company plans to use the raised funds to accelerate investments in hiring, product development, and go-to-market efforts. In addition, the company plans to launch new features in the coming months to create a multifaceted ecosystem that redefines how children experience the internet.
Angel AI is a parent-designed artificial intelligence platform that provides age-appropriate internet experiences for children aged 5 to 12. The company uses advanced artificial intelligence technologies, including large language models, natural language processing (NLP), speech recognition and synthesis, and memory-enabled agent-based systems. The company's main business is to provide customized content and give parents key insights to understand and develop their children's interests, while ensuring that children can explore online resources and information tailored to their age and parents' values. In short, Angel is an online children's companion that parents can trust, nurturing and supporting curious children with appropriate safeguards.
(Source:PR Newswire)