Spiritt takes Seed funding to $13.5 million for AI platform that builds apps through verbal descriptions | CTech
Summary
The investors in the round include Square Peg and Disruptive AI, with participation from SVB. Spiritt initiallySpiritts platform allows individuals with no programming knowledge or access to programmers to independently develop end-to-end complex applications. Users can verbally describe their ideas to the computer in their own language, without requiring prior knowledge of designing and building applications.The application creation process begins with a chat conversation with artificial intelligence, where the user discusses their business idea and design preferences. The company reports that some of its customers have already secured capital on their own using the applications they developed through the platform.Spiritt was founded in June 2020 by two 24-year-old entrepreneurs, Tamir Magen (CEO) and Or Kliger (President and Chief Technology Officer), joined by Lidor Cohen (VP of Research), a former Google software architect.The raised capital will be utilized to expand the team, with a focus on recruiting marketing and performance personnel for expansion in the U.S. market, as well as designers, engineers, and customer managers to support clients in their business growth. "The platform is part of our big vision, to make the world of entrepreneurship accessible to everyone, said Magan.