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India/NewYork – 6th March 2024 – Louisa AI, a groundbreaking AI-powered platform, is excited to announce it has secured $5 million in seed funding to enhance its technology designed to systematise “serendipity” in professional settings. Originating from an innovative concept at Goldman Sachs in 2018, Louisa AI has matured into a powerful tool for sales enablement and deal-making, leveraging network effects to create timely and impactful business connections.
Now operating independently, Louisa AI focuses on eliminating conflicts of interest, enabling the company to form B2B SaaS partnerships across a variety of industries. This strategic autonomy supports Louisa AI’s mission to provide unbiased and effective connections, promoting a new level of collaborative intelligence.
The platform’s inception was inspired by a serendipitous encounter experienced by Founder Rohan Doctor at Goldman Sachs, leading to the realisation that such fortuitous moments could be systematised through AI. This vision has evolved into Louisa AI, a platform that not only prompts deals but also fosters collaborative intelligence within and between companies.
The seed funding round attracted support from Oxford University’s investment arms, a number of early-stage venture capitalists such as Palm Drive VC, Evolution VC, Nucleus VC and Gaingels and finally, ex-Goldman Sachs partners, colleagues, clients, friends and family offices, all of whom have seen the team execute on this innovative concept and trust in Doctor’s ability to scale the business globally.
A key highlight is the partnership with Connective Synergy LLC, led by esteemed U.S.-based Venture Capitalist, Sandiip Bhammer. Bhammer, known for his early stage investments in artificial intelligence, quantum computing, and the clean technologies, brings a wealth of knowledge and resources to the table. He serves as a Board Member at Newlab in New York, an incubation hub that supports over 250 deep-tech startups with more than 1,000 entrepreneurs, inventors, and thinkers all collaborating on pioneering solutions to address urgent challenges in energy, mobility, and materials. Bhammer’s interests also extend to academia, where he is regularly invited to participate as a thought leader at prestigious institutions such as Stanford GSB, Cornell’s Johnson Graduate School, UVA-Darden, and London Business School, and has also served as an Adjunct Professor of Finance at the Isenberg School of Business at the University of Massachusetts at Amherst.
Sandiip Bhammer expressed his enthusiasm for the investment, stating, “Seeing the ripple effect of networks transform everything from climate action to amplifying the Indian community’s global impact, stepping into the business world felt like the next logical move. With Louisa AI, we’re thrilled to unlock these network benefits, offering my circle early insights and a chance to capitalise on this revolutionary platform. It’s more than just investment; it’s about setting a new standard for how businesses engage, innovate, and flourish.”
Echoing this sentiment, Rohan Doctor, Founder of Louisa AI, added, “With this funding, Louisa AI is set to expand its capabilities and reach, demonstrating the power of AI in creating serendipitous business opportunities that might otherwise go unnoticed. Our goal is to make the ‘lucky’ encounters that drive business success, a systematised, repeatable process. By doing so, we are not just enabling deals; we are redefining the landscape of sales enablement and collaborative intelligence.”
As Louisa AI embarks on this exciting phase, it is poised to redefine B2B SaaS interactions, providing companies with the necessary tools to effectively harness their networks and unlock new growth and collaboration opportunities.
For more information about Louisa AI and its innovative platform, please visit www.louisa.ai.