RAISE Completes Investment Transaction On 03/18/2023

RAISE IMAGE: Andrew Ballester & David Magerman DATE: 03/18/2023

COMPANY: Surmount AI (@SurmountAI) INVESTORS: Techstars (@Techstars), Andrew Ballester, David Magerman, Differential VC, Oasis Capital, NGC Capital & Extraordinary Capital

AMOUNT: $750,000

NOTE: Surmount AI, a modern-age robo advisor that enables anyone to become their own professional money manager, recently raised $750k in pre-seed funding.

On Surmount, users can view, manage, and automate all of their equities & crypto investment accounts using professional investment strategies with genuine track records.

The additional capital will enable Surmount to expand their growth efforts & grow ARR to $250k.

Notable participants in the round are Techstars, David Magerman (Renaissance Technologies, Differential Ventures), Andrew Ballester (founder of GoFundMe), Matt Chasin (SVP of Morgan Stanley)

HQ: #NewYork

#VentureCapital #SurmountAI #Techstars #AndrewBallester #DavidMagerman #DifferentialVC #OasisCapital #NGCCapital #ExtraordinaryCapital #TradedVC