Preciate Raises $4.6M in Seed Funding
Summary
Preciate, a Dallas, TX-based platform designed to allow businesses and teams to grow authentic relationships through virtual business socials and peer recognition technology, closed a $4.6m seed funding round. The company intends to use the funds to scale product development and marketing functions, as well as hiring for a number of roles. Its patent-pending Social PresenceTM technology enables the expression of social signals and cues by allowing users to move away from or toward people to start a conversation, hear the background noise of other people chatting and give toasts. Preciate Social allows companies to create a fully customized and memorable communal experience. Companies can hire live performers while its Convos feature provides built-in ice breakers to help get the conversation started.
Funding
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