Accel: The latest capital infusion will help Snaptrude s efforts to expand its product and engineering teams and its go-to-market strategy, enabling it to reach more architecture firms.
In the comparable week in 2022, startups had raised $133 million across 21 funding rounds. The deals this week averaged about $11.13 million per deal, versus $6.33 million per deal in 2022.
The latest capital infusion will help Snaptrude s efforts to expand its product and engineering teams and its go-to-market strategy, enabling it to reach more architecture firms.
The fresh capital infusion, which pushes the overall sum raised to $4.5 million, will help LivSYT expand into the US market and explore new artificial intelligence and machine learning use cases.