Propense.ai Raises $3 Million in Seed Round
Propense.ai, a Miami, Florida-based SaaS platform utilizing AI technology to enhance client service and drive cross-selling revenue for professional services firms, has raised $3 million in seed funding.
Harlem Capital led the round, with participation from Operator Collective, New Enterprise Associates (NEA Angel Fund), Florida Opportunity Fund, Glass Family Office, and various angel investors.
Founded in 2015, Harlem Capital Partners is a venture capital firm based in New York, New York. The firm prefers to make investments in artificial intelligence, consumer technology, e-commerce, enterprise, financial technology, human resource technology, healthcare, insurance technology, media, prop tech, robotics, software, web3/crypto, and wellness sectors.
The company will use the funds to advance the development of the platform's AI model and human-centered product, with a focus on boosting client fulfillment, optimizing scalable growth, capturing revenue leakage, and increasing revenue.
Propense.ai plans to allocate a portion of the funding towards research in the legal market and intends to launch the platform to the public in 2025.
Founded in 2023 by Timothy Keith, Nnamdi Anyanwu, and Alexander Diaz, Propense.ai is a Black-owned SaaS platform that identifies new revenue streams for businesses with the power of AI technology. Propense.ai's B2B predictive sales intelligence model enables firms to streamline and maximize their cross-selling revenue by analyzing historical and market data points to reveal revenue opportunities hiding in plain sight. The company is headquartered in Miami.
Funding Details
Company: Propense, Inc.
Raised: $3.0M
Round: Seed Round
Funding Month: March 2024
Lead Investors: Harlem Capital
Additional Investors: Operator Collective, New Enterprise Associates (NEA Angel Fund), Florida Opportunity Fund, Glass Family Office
Company Website: https://propense.ai/
Software Category: AI-B2B Cross-Selling Platform