Prezent AI Secures $7.3 Million Investment from True Global Ventures
Deal News | Dec 12, 2024 | PR Newswire Cision True Global Ventures
True Global Ventures (TGV) has announced a $7.3 million investment in Prezent AI, a fast-growing San Francisco-based company specializing in AI-powered corporate communication. This strategic funding aims to bolster Prezent AI's expansion across Europe and Asia. Led by CEO Rajat Mishra, Prezent AI leverages artificial intelligence to transform workplace collaboration and productivity through innovative narrative communication solutions. TGV's commitment to fostering transformative AI and blockchain applications aligns seamlessly with Prezent AI's growth ambitions, particularly in regulated sectors like biopharmaceuticals and telecommunications. TGV's Frank Desvignes highlights the groundbreaking nature of Prezent AI's approach, supporting its potential to become a global leader in corporate communication.
Sectors
- Venture Capital
- Artificial Intelligence
- Corporate Communications
Geography
- United States – Prezent AI is based in the San Francisco Bay Area, a hub for innovation.
- Europe – Prezent AI plans to expand its operations to Europe.
- Asia – Prezent AI aims to expand its business into Asia.
Industry
- Venture Capital – The article discusses a venture capital investment by True Global Ventures.
- Artificial Intelligence – Prezent AI specializes in AI-driven communication solutions, highlighting the relevance of the AI industry.
- Corporate Communications – Prezent AI focuses on improving corporate communication through AI technology.
Financials
- $7.3 million – The total investment amount from True Global Ventures to Prezent AI.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Prezent AI | Target Company | Company | A San Francisco-based company focused on AI-powered corporate communication. |
| True Global Ventures | Bidding Company (Investor) | Company | A venture capital firm investing in transformational AI and blockchain applications. |
| Rajat Mishra | CEO | Person | CEO and founder of Prezent AI, leading its innovative communication solutions. |
| Frank Desvignes | Founding Partner | Person | A founding partner at TGV Opportunity Fund, instrumental in the investment in Prezent AI. |