Preciate is a Dallas, TX-based platform that helps businesses and teams grow authentic relationships through virtual business socials and peer-recognition technology. Its flagship product, Preciate Social, is a fully immersive virtual socializing platform that replicates real-life business socials and mixers. The company’s patent-pending Social PresenceTM technology enables users to move toward or away from people to start conversations, hear background noise, and give toasts. Preciate Social supports customizable event backgrounds and music, the ability to hire live performers, and a Convos feature that provides built-in ice breakers. Preciate closed a $4.6M seed round and intends to use the funds to scale product development, expand marketing, and hire across multiple roles. Ed Stevens is CEO and co-founder.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2021