What does Iterate.ai do?
Iterate.ai offers an AI platform and four distinct AI products, including Generate—an AI Assistant that can run on an AI PC without an internet connection—and Interplay, a cloud-agnostic low-code platform that enables secure, edge-based AI operations.
How much did they raise?
The company raised $6.4M in funding, with Auxier Asset Management leading the round and participation from investors Peter Cobb, Mike Edwards, and Dave Zentmyer.
What are their plans for the money?
Iterate.ai plans to use the funds to expand its operations and accelerate development efforts, which could enhance its global reach and strengthen its innovative AI offerings.
What have they achieved so far?
The company has already achieved significant milestones by developing a comprehensive suite of AI products and establishing a robust international presence with offices across North America, Europe, and Asia.