iRecommend Software Closes $1.85m Series A Funding

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Summary

iRecommend Software, a Tulsa, Okla.-based technology company developing a recommendation engine for retail, recruiting, real estate, entertainment, and healthcare industries, closed a $1.85m Series A funding round.The round was led by i2E, Inc. with participation from co-investors Warren Foundation (Tulsa), Falcon Partners (Houston), and other strategic investors.The company intends to use the funds to expand global sales and marketing efforts, complete a large online retail client integration, and commercialize SaaS subscription modules for real estate and recruiting industries.Founded in 2016 by John Morad and Mark Allen, iRecommend leverages artificial intelligence, deep learning, and a proprietary algorithm to ingest big data from thousands of data feeds to generate relevant, user-specific recommendations across retail, recruiting, real estate, entertainment, and healthcare industries.FinSMEs 20/12/2017

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Amount $1.9M Total raised
Date December 20, 2017 Announcement date
Investors - Lead investors
Company http://www.irecommend.ai Funded company

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