Participated · Equity · Nov 2023

1up develops an AI Knowledge Automation platform that leverages large language models to help sales teams answer questions, RFPs, and security questionnaires faster. The platform targets Account Executives, Sales Engineers, Solutions Consultants, RFP Managers, and IT professionals to automate workflows and boost productivity. Customers include WalkMe, Gladly, Deliveroo and other global enterprises. Led by CEO and Founder George Avetisov, the company plans to use new funds to accelerate sales and marketing efforts and expand its customer base. Financially, 1up completed a Seed round that increased its total funding to $8.5M. The company is based in New York City. 1up.ai is a New York City–based provider of a knowledge automation platform for sales teams. The platform combines a company’s external and internal knowledge sources and leverages multiple large language models to generate accurate, up-to-date answers in seconds. Businesses use the product to answer complex sales questions, respond to customer objections, and quickly complete RFP questionnaires. The company is led by Founder and CEO George Avetisov and Co-founder & Head of Product Manoj Abraham. 1up.ai raised $2.5M in funding and intends to use the proceeds to expand operations and broaden its business reach. Investors in the round included venture firms and individual participants named in the announcement.

Participated · Seed · Dec 2021

Ocurate offers a SaaS deep machine-learning framework optimized over a proprietary database and client customer data to predict customer lifetime value. The company says its models exceed 90% accuracy at predicting behavior and provide per-customer outputs such as likely churn and persuadability. Its database began with voter rolls and now contains data on more than 300,000 Americans, and it can ingest client telemetry like logins and purchase history. Founded in July by CEO Tobi Konitzer, Ocurate is working with four clients, has dozens in the pipeline, and has generated over $400,000 in annual recurring revenue since launch. The company claims its technology can increase gross profit by over 15% and is building a recommendation system to make lifetime value actionable. Ocurate plans a public product launch in 2022, to double headcount from seven to 14, and to further invest in integrations, data science, and machine-learning capabilities.