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Home AI News

Quench.ai Secures $5 Million in Pre-Seed Capital

July 25, 2023
in AI News

Husayn Kassai’s Quench.ai just raised $5 million (£3.9 million) in pre-seed capital. The AI tutoring startup, set up in 2021, created an artificial intelligence system that plays the role of a personalized coach. It provides relevant videos to help users learn new skills effectively. The startup’s key objective is to overcome common challenges like rabbit holes and choice paralysis enabling users to save time.

https://t.co/1h7oBaxu6d secures £3.8 million Pre-Seed investment from investors including firstminute capital

Congratulations Husayn Kassai and team!

Full press release here: https://t.co/5MrArl2iPG#UKTechInvestmentNews #DealLite #Investment #PreSeed pic.twitter.com/wwFomM58Rm

— Deal Lite (@DealLiteUK) July 24, 2023

Quench.ai Pre-seed Funding Investors

Quench.ai successfully raised pre-seed funding from a diverse group of investors and more than 50 founders. These investors included Ada Ventures, Firstminute Capital, Plug and Play Ventures, Tuesday VC (former CrunchFund), BY Venture Partners, Antler, Notion Capital, Northzone Scout, and IFG, Ventures Together.

Husayn Kassai Comments

Kassai, Quench.ai’s founder and current CEO, emphasized the importance of effective learning opportunities in companies. Even after scaling his startup to a team of over 500, he faced challenges in providing a straightforward solution to empower teams with continuous skill enhancement and accelerated progress.

This recent funding will make Quench.ai successfully expand its workforce. The increase in human labor will be mostly in customer sales, support, and development. The London-based firm has the goal to increase its team size from the current 16 members.

Kassai emphasized the ongoing evolution of learning and skill development. He highlighted that although video-based learning is gaining popularity, it has not fully adapted to the changing trends. He envisions a shift towards a “just-in-time” learning model, where self-directed learning becomes essential, and video content will play a pivotal role in facilitating this transformative process.

More on Quench.ai

Quench.ai has a huge collection of indexed instructional video materials and gives businesses the option to index their own internal video resources, making their knowledge easily actionable. Quench.ai is currently in its beta stage. The startup focuses on modern learners who are enthusiastic about upskilling.

The Featured image is from crunchbase.com

Tags: AIartificiell intelligens
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