AI Exchange Raises $1.5M in Venture Funding
Summary
AI Exchange, a Boston, MA-based online technology and investment advisory platform, has raised approximately $1.5m in venture funding.The round was led by General Catalyst and CommonAngels and included Founder Collective and LaunchCapital.The company intends to use the funds to to accelerate its technology and platform development.It works through two subsidiaries: – AI Advisors, the investment advisory subsidiary led by CIO Rohit Vohra and COO Charles Hipwood, which is scheduled to launch its advisory platform in October with five alternative strategies; – AI Exchange Technologies, the technology subsidiary which has developed the infrastructure platform.In addition, the company added former CEO of The LongView Group Preston Ford as a new board member.