Relativity6, a Boston, MA-based supplier of an AI platform for business classification, raised $5.25M in Seed funding.
The spherical was led by Fin Capital with participation from State Auto Labs Fund, Vectr Ventures, Cortado Ventures, and Angel Ventures and several other strategic people within the insurance coverage, monetary providers, and knowledge area.
The corporate intends to make use of the funds to speed up gross sales efforts inside business insurance coverage underwriting, drive enlargement into new monetary providers markets, and the event of further vital enterprise knowledge factors.
Led by CEO Alan Ringvald, Relativity6 offers an AI platform that retrieves up-to-the-second details about a enterprise so as to routinely detect its 6-digit NAICS code and confirm its digital existence. The corporate streamlines and simplifies the underwriting course of via its proprietary real-time API that retrieves up-to-the-second details about a enterprise to routinely detect its 6-digit NAICS code and confirm its digital existence.