Asato.ai Raises $7.5M in Seed Financing
Summary
Asato.ai, a San Francisco, CA-based provider of an AI-powered enterprise Copilot platform, raised $7.5M in Seed funding. The round was led by Intel Capital and Lip-Bu Tan, with participation from Shah Capital Partners, and angel investors including Amarjit Gill, Ash Bhardwaj, Charlie Giancarlo, and Sanjay Mehrotra. The company intends to use the funds to expand operations and its development efforts to bring to market its AI-powered enterprise CIO Copilot. Led by CEO Sundari Mitra, and COO Anush Mohandass, Asato provides an AI powered enterprise copilot platform for CIOs, which discovers, connects, and contextualizes IT and Talent assets, to enable them to make informed decisions about resource allocation, identify alternative solutions, and optimize investments.