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HomeInsightFunding Alert AI Startup Induced Secures $2.3 Mn Seed Funding Led by Sam...

[Funding alert] AI Startup Induced Secures $2.3 Mn Seed Funding Led by Sam Altman & Peak XV Partners

Sam Altman, CEO of OpenAI, creator of ChatGPT, and Peak XV Partners (previously Sequoia India and SEA) led a $2.3 mn seed financing round for AI startup Induced.
Aryan Sharma, Co-founder, Induced AI

Sam Altman, CEO of OpenAI, creator of ChatGPT, and Peak XV Partners (previously Sequoia India and SEA) led a $2.3 mn seed financing round for AI startup Induced.

The funding round was also attended by Signalfire, Superscrypt, SV Angel, IDEO Colab Ventures, Human Capital, On Deck, and Untitled Ventures.

Read also – [Funding alert] Bizongo Secures $50 Mn Funding Led by Schroder Adveq

“Induced AI built cloud-first, which means any task you automate runs in the background without affecting your computer. We’ve also taken an infrastructure-centric approach, and instead of running on a standard browser, we’ve purpose-built a browser that is designed for running automated workflows,” the company said in a blog post.

Two teenagers of Indian origin, Aryan Sharma and Ayush Pathak, founded the company earlier this year in Silicon Valley, California.

Read also – [Funding alert] Fintech Startup DPDzero Secures $3.2 Mn Seed Funding led by Blume Ventures, IndiaQuotient

Numerous angel investors have supported the startup, including Balaji Srinivasan, the former CTO of Coinbase, Julian Weisser, Tyler Willis, Nakul Gupta, Ankur Nandwani, Sudarshan Sridharan, Daksh Miglani, Rahul Rai, Sanat Kapur, of Dragonfly Capital, Kyler Wang, and Karan Dalal.

About Induced

Induced is a cloud-first agentic AI platform that uses an infrastructure-centric approach to make it more efficient and reliable than other agentic AI platforms.

Read also – [Funding alert] Healthtech Platform Cube Club Secures $1.1 mn Seed Funding

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