Capital is much more than (only) the money. We're proud of and excited about our $10M raise, but whether it is $1, $10M, $100M, or more, what matters is what you do with it and what support beyond the money that you get with it.
We couldn't ask for a better combination of "smart money" from Battery Ventures, Tower Research Capital, Blu Ventures, K Street Capital, and the rest of our investors who have already brought us to where we are and are actively helping us accelerate and expand on what PSci has already done in the last year.
So, what are we doing with it in the next year?
A few things to look forward to:
1. Releasing Awarded AI, the natural evolution of our current PSciBIS product that brings the next wave of Generative AI to Government Contracting & BD. As adoption & technology evolves very quickly in GenAI, we're moving faster to bring power users AI functionality well beyond the chatbot and deliver AI to users of any experience level. New features, not just making our existing ones easier, faster, and more robust.
2. Ambient AI. At some point, people stopped calling the automobile the "horseless carriage", and some parts of the population have already dropped the word "electric" from "electric cars", too. In technology circles, AI became table stakes some time ago, and this will happen across the economy, and the release of Awarded AI serves our customers today with both discrete AI tools they're used to and seamlessly integrates and imbues compliant, auditable, explainable AI into all they do, and even manages to put smiles on the faces of their CISO, CTO, CFO, and CEO at the same time (quite the feat, I know, but if you want to see it, schedule a demo and bring your C-suite, Matt Pinkston and Christian Ferreira and the team will see to it).
3. Maybe a chance for you to join the fun? https://lnkd.in/grmfGP5A - I'm hiring quite a few on my team alone, both in Product & Engineering.
🚀 Exciting News in #GovCon! 🚀
We are thrilled to announce that Procurement Sciences has successfully raised $10M in Series A funding!
This monumental step will enable us to revolutionize the procurement process, making it more efficient, transparent, and accessible for businesses of all sizes.
Our innovative platform, Awarded.ai, is disrupting the traditional government contracting landscape by leveraging Generative AI-driven insights, streamlining the proposal process, and unlocking new opportunities for growth.
A big thank you to our dedicated team, visionary investors and Board of Directors, and the GovCon community for believing in our mission. Together, we are set to transform how government contracts are won and managed.
Stay tuned as we continue to redefine the future of government contracting!
Battery Ventures, Tower Research Capital, Blu Ventures, K Street Capital, Brandon Gleklen, Jared Young, Jack M., Joseph Callanan, Paige Soya, Evan Scott, Paula Sorrell
Read more in our recent press release: https://lnkd.in/ebkefwRH
#Innovation #SeriesA #ProcurementSciencesAI #artificialintelligence #AI
Procurement Sciences AI Raises $10M in Series A Funding to Revolutionize the Government Contracting Business-Development Process
businesswire.com
CEO Dataciders - Führender Data & AI Dienstleister in DACH - Niemand muss jemals wieder schlechte Entscheidungen treffen - Differenzierende Wettbewerbsvorteile mit Data & AI für Enterprise Kunden
2moThe cooperation with Rivean is really excellent and we are very pleased to be able to consistently continue on our path. With Dataciders PASO, we have found the perfect fit to take us to Austria. We still have a lot of plans and don't want to stop there 😊