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."

      Covered on