2 years ago
11xAI Secures $2 Million to Build AI-Powered Workforce
London-based startup 11xAI has raised $2 million in a pre-seed funding round led by Project A Ventures
The company develops AI-powered digital workers to automate tasks typically handled by human employees
11xAI aims to help businesses, particularly smaller ones, enhance productivity and compete more effectively
The company plans to use the funding to expand its team, particularly in engineering, and further develop its AI technology.
ProblemTechnology
"SMBs struggle to compete with larger companies due to limited resources and manpower, leading to inefficiencies and challenges in scaling their operations."
Solution
"11xAI offers AI-powered autonomous digital workers that automate tasks like sales, talent acquisition, and HR, enabling SMBs to increase productivity and compete more effectively without significantly increasing headcount."