Afforai
Company

Last deal

$420K

Amount

Seed

Stage

01.11.2023

Date

2

all rounds

$520K

Total amount

date founded

Financing round

General

About Company
Afforai is an AI-powered platform that acts as a Google for knowledge.

Industry

Sector :

Subsector :

Keywords :

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Afforai is a versatile tool with applications in various fields such as business, law, medicine, and academia. It is designed to be an AI companion that can learn from and distill vast amounts of information, providing users with relevant insights for their work. Similar to how Google revolutionized data, Afforai aims to do the same for knowledge by organizing and summarizing information from any discipline and in any language.
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Money Raised

Their latest funding was raised on 01.11.2023. Their latest investor Sputnik ATX. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.11.2023
2
$420K
01.05.2023
1
$100K
Sputnik ATX

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Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Pre-Seed, Seed
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Alireza Masrour

Alireza Masrour

Alireza is General Partner at Plug & Play Investment Arm a place where he led more than 100 investments for the firm since 2008. • Plug & Play representative and works closely with the management teams as advisor or investor • Founding Partner of Plug and Play Startup Camp Founding General Partner of PnP Scale Fund . ““Alireza Masrour is the General Partner at Plug & Play. He has led more than 200 investments out of thousands of startups for the firm since 2008. Some unicorn investments led by him at Plug and Play are CloudWalk (first check), Flyr ( first check) , FiscalNote (first check), Shippo (first check ) and Trulioo to new afew. Some of portfolio exits are HealthPocket which acquired by Health Insurance Innovations, Matcha which acquired by Apple, PasswordBox which acquired by McAfee/Intel, TrustGo which acquired by Baidu, GNS3 which was acquired by Solarwind, Kustomer (unicorn) which was acquired by Facebook, and TrueBill (Unicorn) acquired by RocketCo. Alireza has been selected as a Silicon Valley 40 under 40 in 2018 as well as recognized by BusinessInsider as a 100 rising-star VC who represent the future of venture capital, and has had 13 unicorns portfolio so far. . Prior to Plug and Play, he was Founder and CEO at NekaTel, one of the largest Internet Airtime Distribution Networks, with over 800 retailers and millions of subscribers. Alireza grew NekaTel’s revenue from $0 to over $45M in less than 2 years. He was also Founder of VidaTel, offering mobile airtime distribution technology and sold the technology in 2007. He has prior Engineering and Management background. Alireza published “Crossing the Digital Divide: What’s Next” in Information Technologies and International Development Journal published by Harvard Business School for UN’s World Summit on the Information Society.”

current job

Plug and Play
Plug and Play

count Of Investments

3

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