At Pelion, we work closely with visionary entrepreneurs to build innovative and disruptive businesses. Our team’s deep technology, investing and operational expertise make Pelion a trusted and valuable partner to support businesses as they move progressively through each stage of development.
Astound, an enterprise software company that uses AI to re-imagine and improve employee service, today announced the close of $15.5 million in Series B financing. The round was led by March Capital Partners, with participation from previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures, and the Slack Fund.
Congratulations to Deserve for being awarded as one of 2019 World’s Most Innovative Companies by Fast Company for use of AI + Machine Learning to help deserving college students and young adults gain access to fair credit.
Alternative methods to gauge an applicant’s risk are being developed and used to offer cards that don’t require a security deposit and look beyond a traditional credit score. Deserve, which began offering cards in 2017, has three cards: the Deserve Classic for people new to credit, the Deserve Edu for students and the Deserve Pro for people with limited credit.
New patent furthers Neurala’s mission to develop AI that learns in the same way that humans do. Award-winning AI company Neurala announced that it has been awarded a new patent for technology that will enable AI to make sense of its environment based on multiple sensory inputs, in the same way as the human brain works.
