Alumni Ventures

Alumni Ventures Group, LLC is a venture capital firm founded in 2013 and based in Manchester, New Hampshire, with additional offices in North America. The firm specializes in seed, early-stage, and late-stage pre-IPO investments, focusing on companies that have an alumni connection and an institutional lead investor with relevant expertise. It offers high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who previously lacked access to venture capital opportunities. Alumni Ventures Group invests between $0.01 million and $3 million in various sectors and geographies, without seeking board or observer seats. Additionally, the firm provides focused funds that enable any accredited investor to access a diverse venture portfolio, allowing for investment across different types, sectors, stages, and geographical locations.

Gregory Baker

Managing Partner

Bryan Jurewicz

Venture Partner

Michael Madden

Managing Partner

Past deals in Artificial Intelligence

RGo Robotics

Series A in 2022
R-Go Robotics is pioneering an artificial perception technology that enables mobile robots to understand complex surroundings and operate autonomously just like humans. Our business model is to partner with robotics manufacturers who share our vision of a future where automation is unfettered but focused on real-world solutions. Our team is comprised of world-class leaders with deep academic and industry experience, and we have a proven track record in bringing world-class innovation to market. ​We are currently in stealth mode.

Syntiant

Series D in 2022
Syntiant is moving artificial intelligence and machine learning from the cloud to edge devices. Syntiant’s advanced chip solutions merge deep learning with semiconductor design to produce ultra-low-power, high performance, deep neural network processors for always-on applications in battery-powered devices, such as smartphones, smart speakers, earbuds, hearing aids, and laptops. It was founded in 2017 and is headquartered in Irvine, California.

Refraction AI

Seed Round in 2022
Refraction AI, Inc., an autonomous delivery robot company, builds and deploys robotic platforms to provide goods delivery in urban areas. It offers The REV-1, a delivery robotic vehicle that picks up goods from restaurants, pharmacies, and grocery stores, and bring them directly to the customers’ house. Refraction AI, Inc. was founded in 2017 and is based in Ann Arbor, Michigan.

Overview

Series A in 2022
Overview.ai provides real time fault detection that uses cameras and AI to monitor manufacturing robots, shutting them down if something goes wrong. Its smart camera automatically learns normal machine routines to detect any deviations, crashes or anomalies. Its system catches misalignments, breakage, and out-of-sequence behavior before significant damage occurs to product or machine.

ODAIA

Series A in 2022
ODAIA Intelligence Inc. is a Canadian company that specializes in developing an artificial intelligence-based platform for customer engagement analysis. Founded in 2018 and headquartered in Toronto, ODAIA offers a cloud-based software as a service (SaaS) platform that enables enterprise clients to automate the mapping of customer touchpoints and journeys. Utilizing advanced techniques in big data mining, process journey mapping, and machine learning, the platform provides insights into customer behavior, predicts future actions, and identifies potential churn. ODAIA simplifies data ingestion and normalization from various sources, offering an intuitive dashboard for visualizing insights and predictions. The company was established by a team of academics and industry professionals, including members from the University of Toronto and the University of Lausanne, whose research has been widely recognized in the field.

Verge Genomics

Series B in 2021
Verge Genomics focuses on accelerating drug discovery for neurodegenerative diseases through the use of artificial intelligence and genomic data. The company has developed a platform that leverages machine learning to analyze large datasets, identifying genetic targets and predicting effective therapeutics. By mapping genes associated with various neurodegenerative conditions, Verge aims to discover drugs that can simultaneously target multiple genetic factors. Founded by experts in machine learning and neuroscience, Verge Genomics seeks to improve patient outcomes and reduce the costs associated with pharmaceutical development. The company is based in Mountain View, California, and has formed a strategic alliance with Datavant to enhance its data-driven approach.

Analog Inference

Series A in 2021
Analog Inference is a company focused on advancing neural computing through innovative technology. Founded by experienced professionals from the computing industry and supported by Khosla Ventures, the company is developing its first generation of products. It specializes in deep sub-threshold analog in-memory computation, which allows for the execution of complex neural networks at full resolution while maintaining low latency and eliminating the need for active cooling. This technology enables the performance of data-center-grade artificial intelligence workloads with significantly reduced power consumption, facilitating the deployment of server-class networks in more cost-effective devices.

Vitrina AI

Seed Round in 2021
Vitrina AI is a software-as-a-service (SaaS) platform designed for the video content industry, focusing on facilitating cross-border transactions. Founded in 2020 by Atul Phadnis and based in Menlo Park, California, the platform leverages proprietary artificial intelligence to provide an advanced search functionality that encompasses the global video supply chain. Vitrina AI's Deals Intelligence module monitors content funding and acquisition trends on a worldwide scale, while its Deal Center offers an expanding array of tools to support cross-border deals. This comprehensive approach aims to streamline processes within the video content ecosystem.

CompScience

Seed Round in 2021
Kinetic Eye is an artificial intelligence software company serving the warehouse and transportation industry. We create intelligent workplaces that improve business performance and employee safety and satisfaction. Our solutions solve real problems, for real people and organizations, using the most advanced technology available today.

Ayraa

Seed Round in 2021
Ayraa AI is headquartered in the Silicon Valley with planned engineering operations in Mumbai & Pune, India. The company is on a mission to simplify and modernize workplace security, compliance, facilities & operations.

Mythic

Series C in 2021
Mythic Inc. is a technology company that specializes in the design and development of silicon chips and artificial intelligence (AI) processing units. Founded in 2012 and headquartered in Redwood City, California, with an additional office in Austin, Texas, Mythic focuses on creating advanced analog matrix processors that incorporate unique compute-in-memory technology. Their product lineup includes the M1076 Analog Matrix Processor, MP10304 Quad-AMP PCIe Card, and MM1076 M.2 M Key Card, which facilitate AI deployment across various platforms, from data centers to edge devices. The company caters to a diverse range of applications, including fitness trackers, hearing aids, self-driving vehicles, and robotic drones. With a team of experts in neural networks, device physics, software design, and processor architecture, Mythic is committed to advancing AI capabilities for practical use in real-world environments.

Refraction AI

Seed Round in 2021
Refraction AI, Inc., an autonomous delivery robot company, builds and deploys robotic platforms to provide goods delivery in urban areas. It offers The REV-1, a delivery robotic vehicle that picks up goods from restaurants, pharmacies, and grocery stores, and bring them directly to the customers’ house. Refraction AI, Inc. was founded in 2017 and is based in Ann Arbor, Michigan.

Hayden AI

Seed Round in 2021
Hayden AI Technologies, Inc. is focused on enhancing urban safety and efficiency through its artificial intelligence-powered platform designed for smart cities. The company offers a solution that enables the detection and analysis of traffic violations to support cities in achieving their safety objectives. Its Smart Sense system includes intelligent cameras, smart cloud infrastructure, HD maps, and a web portal accessible to city officials. By integrating its vision-based mobile solution into existing transportation fleets, Hayden AI collects real-time data that aids in improving traffic safety, reducing fatalities, and optimizing transportation efficiency. The technology is applicable across various vehicles, including transit and school buses, street sweepers, garbage trucks, and police cars. Founded in 2019, Hayden AI is headquartered in Berkeley, California, with an additional office in Tokyo, Japan.

FUTURE Research

Series B in 2021
FUTURE provides an insight into a new, decentralized way to look at the web, powered by privacy-respecting solutions that implement artificial intelligence techniques on every corner of every day life.

Lang.ai

Seed Round in 2021
Lang.ai is a language understanding platform founded in 2012 and headquartered in Madrid, Spain, with additional offices in the United States and Mexico. The company specializes in developing an online application that leverages unsupervised artificial intelligence to process and analyze language data from various sources, including social networks. Lang.ai's software is utilized by enterprise clients across Europe, America, and Asia, including notable companies such as Santander and Vodafone. Their technology primarily focuses on automating processes related to text analysis, including customer experience survey analysis, email and chat management for customer service, chatbot development, and call center automation. By streamlining these processes, Lang.ai enhances operational efficiency for its clients.

Mage

Seed Round in 2021
Mage is a tool that helps developers use AI and their data to make predictions. Use cases include churn prevention, product recommendations, customer lifetime value, and more. Our mission is to equip businesses with accessible AI technology so they can deliver transformational customer experiences. A mage is someone who uses magic. Advanced technology is indistinguishable from magic. We empower individuals with magic by equipping them with AI technology.

Vitrina AI

Seed Round in 2021
Vitrina AI is a software-as-a-service (SaaS) platform designed for the video content industry, focusing on facilitating cross-border transactions. Founded in 2020 by Atul Phadnis and based in Menlo Park, California, the platform leverages proprietary artificial intelligence to provide an advanced search functionality that encompasses the global video supply chain. Vitrina AI's Deals Intelligence module monitors content funding and acquisition trends on a worldwide scale, while its Deal Center offers an expanding array of tools to support cross-border deals. This comprehensive approach aims to streamline processes within the video content ecosystem.

Routable AI Inc.

Seed Round in 2020
Routable AI Inc., founded in 2019 and based in Cambridge, Massachusetts, specializes in fleet management software designed for on-demand transportation services, including shuttles and buses. The company aims to address the evolving mobility landscape, targeting the high-capacity mobility-as-a-service market, which is projected to be worth $30 billion. By leveraging advanced AI and patent-pending routing algorithms developed from extensive research at MIT, Routable AI provides a platform that significantly enhances operational efficiency for fleet operators. This technology enables dynamic routing of transportation services, leading to reductions in fleet sizes by up to 80% while offering a cost-effective and convenient alternative for commuters and corporations alike.

Divinia

Seed Round in 2020
Divinia improves the search experience for consumers, marketers, and e-commerce sites through Natural Language Processing. It connects people with the information they want and businesses with consumers they care about. The company reinvented the science of data analytics with its AI-centered technologies such as Unsupervised Learning and Sentiment Analysis to deliver more accurate, faster, and unbiased results at scale. Divinia's technology extracts and indexes authentic insights about searchable options accurately and faster, delivering an improved experience for consumers, stronger conversion rates, and lead generation opportunities for e-commerce sites and marketers. Ji Fang founded the company in Cupertino, California in 2020.

NeuReality

Seed Round in 2020
NeuReality is a semiconductor start-up that designs AI-as-a-service infrastructure. It addresses the challenges posed by the growing deployment of AI in the cloud, edge, and fog systems.

Chooch AI

Series A in 2020
Chooch Intelligence Technologies, operating as Chooch AI, is a visual artificial intelligence training platform based in San Mateo, California. Founded in 2015, the company specializes in object and facial recognition through its advanced neural network perception library, which utilizes machine learning for data analysis. Chooch AI offers a range of services including edge AI, cloud AI, AI APIs, facial authentication, AI training, and COVID-19 cough detection. Its technology is implemented across various sectors such as healthcare, security, digital media, and retail, providing solutions for applications like surgical tracking, mask detection, social distancing compliance, and intrusion monitoring. The platform is designed to generate AI models that ensure fast and accurate visual detection, making it suitable for both enterprises and government use.

Unlearn

Series A in 2020
Unlearn is a San Francisco-based company founded in 2017 that specializes in using artificial intelligence to enhance clinical research. It develops innovative software tools aimed at improving clinical trial design, including the creation of Digital Twins to generate Intelligent Control Arms. By utilizing historical datasets and disease-specific machine-learning models, Unlearn produces virtual placebo patients derived from actual patient baseline data, which helps to increase trial power, accelerate timelines, and provide patient-level insights. This approach reduces or eliminates the need for concurrent control arms in clinical studies, streamlining the research process. Unlearn has garnered significant attention, securing $20 million in funding and collaborating with leading pharmaceutical companies. Its work has been recognized in prestigious publications, including a peer-reviewed article in Nature, and it has been acknowledged as a key player in digital health innovation. The company continues to engage with regulators and industry leaders to drive advancements in clinical research through the application of AI technologies.

Citrine Informatics

Venture Round in 2020
Citrine Informatics is a computer software company that specializes in the fields of big data, artificial intelligence, and machine learning. It features a software platform that ingests and analyzes vast quantities of technical data on materials, chemicals, and devices to streamline R&D, manufacturing, and supply chain operations for any organization that produces a physical product. The company was founded in 2013 and headquartered in Redwood City, California.

Solsten

Series A in 2020
12traits is the missing piece to understanding human behavior in digital environments.

Fifth Season

Series B in 2020
RoBotany is transforming modern indoor agriculture with automated robotics and software analytics. Their patent-pending technology improves labor efficiency and crop output while also providing an unprecedented level of data analysis for optimization from seed to harvest.

Unlearn

Series A in 2020
Unlearn is a San Francisco-based company founded in 2017 that specializes in using artificial intelligence to enhance clinical research. It develops innovative software tools aimed at improving clinical trial design, including the creation of Digital Twins to generate Intelligent Control Arms. By utilizing historical datasets and disease-specific machine-learning models, Unlearn produces virtual placebo patients derived from actual patient baseline data, which helps to increase trial power, accelerate timelines, and provide patient-level insights. This approach reduces or eliminates the need for concurrent control arms in clinical studies, streamlining the research process. Unlearn has garnered significant attention, securing $20 million in funding and collaborating with leading pharmaceutical companies. Its work has been recognized in prestigious publications, including a peer-reviewed article in Nature, and it has been acknowledged as a key player in digital health innovation. The company continues to engage with regulators and industry leaders to drive advancements in clinical research through the application of AI technologies.

AI.Reverie

Venture Round in 2020
AI.Reverie, Inc. is a company that specializes in developing a simulation platform designed to generate synthetic data and simulations for businesses. Founded in 2016 and based in San Jose, California, the platform assists organizations in training their machine learning algorithms and enhancing their artificial intelligence applications. AI.Reverie's offerings include a suite of synthetic data and vision APIs that enable clients to create customized virtual environments. This technology supports various industries by facilitating the development of smart cities, sustainable farms, and safer homes. Through its innovative approach, AI.Reverie aims to improve the efficiency and effectiveness of AI solutions across diverse applications.

Agolo

Venture Round in 2020
Agolo summarizes information faster and with broader coverage than any human. It also uses artificial intelligence to create summaries from your information in real-time. The company helps analysts act strategically instead of processing information. Agolo’s technology replicates the ingenuity of the human mind by analyzing content through the identification of various subjects and drawing connections between them. The company’s AI platform can analyze thousands of documents and produce a summary of the five key points, specific to the reader’s interests, in real-time. Agolo was founded in 2012 and is headquartered in New York, NY, USA.

AI.Reverie

Venture Round in 2020
AI.Reverie, Inc. is a company that specializes in developing a simulation platform designed to generate synthetic data and simulations for businesses. Founded in 2016 and based in San Jose, California, the platform assists organizations in training their machine learning algorithms and enhancing their artificial intelligence applications. AI.Reverie's offerings include a suite of synthetic data and vision APIs that enable clients to create customized virtual environments. This technology supports various industries by facilitating the development of smart cities, sustainable farms, and safer homes. Through its innovative approach, AI.Reverie aims to improve the efficiency and effectiveness of AI solutions across diverse applications.

Lily AI

Series A in 2020
Lily AI is the leader in predictive psychographics for retail e-commerce. Consumer spending online for apparel now accounts for over 27% of all clothing sales. Retailers need to understand each consumer’s emotional context while they are actively shopping. Lily AI combines deep product tagging with deep, real-time psychographic analysis to determine the active state of mind of each shopper, and turns that into precise and timely recommendations. These recommendations are proven to lead to higher conversions and lower return rates. Lily AI (lilystyle.ai) was founded by two women who believe clothes to reflect how they feel about themselves. The company is venture-backed and headquartered in Mountain View, CA.

Spiral

Seed Round in 2019
Spiral is a software company which is focused on building solutions for customer feedback using AI.

Spiral

Seed Round in 2019
Spiral is a software company which is focused on building solutions for customer feedback using AI.

StoryFit

Venture Round in 2019
StoryFit Inc. offers artificial intelligence insights and machine learning solutions for the book publishing, movie, and television production industries. The company’s products include StoryFit Metadata and StoryFit Analytics, which enables the publisher to analyze the metadata using artificial intelligence and provide insights related to audience targeting, reader personas, writing evaluation, faceted comps, and informed marketing intelligence. StoryFit Inc. was incorporated in 2014 and is headquartered in Austin, Texas.

Capture Technologies

Venture Round in 2019
Capture Technologies is a technology and social media company. Our mission is to bring an absolutely new and unique experience to how people interact with each other. We are closely working with AI, thereby using the most advanced technology to help us bring our mission to life. Capture app will erase the boundary between real-time communication and artificial intelligence.

6D.ai

Venture Round in 2019
6D.Ai develops application programming interface for augmented reality industry. The company's solution uses a standard built-in smart phone camera and mobile sensors to build a real-time, three-dimensional semantic, crowd sourced maps of the world. It offers three dimensional computer visions for spatial computing and uses infinite scale and real-time three dimensional reconstruction of the world. The company was founded in 2017 and is headquartered in San Francisco, California. As of March 31, 2020, 6D.Ai operates as a subsidiary of Niantic, Inc.

Spruce Up

Seed Round in 2019
Spruce Up, Inc. operates as a home furniture and décor retailer. The company offers an Artificial intelligence (AI) and designer powered personalized shopping service for home and design. The company was founded in 2017 and is based in Seattle, Washington.

Determined AI

Series A in 2019
Determined AI, founded in 2017 and based in San Francisco, California, specializes in developing a deep learning management platform that streamlines the process of building and deploying machine learning models. The company's platform enhances developer productivity by facilitating distributed training and hyperparameter searches, while also automating the tracking, sharing, and reproduction of experiments and metrics. This approach allows clients to significantly reduce their time-to-market, improve resource utilization, and mitigate risks associated with model development. Through its innovative software, Determined AI aims to transform the efficiency and effectiveness of deep learning workflows.

StoryFit

Series A in 2019
StoryFit Inc. offers artificial intelligence insights and machine learning solutions for the book publishing, movie, and television production industries. The company’s products include StoryFit Metadata and StoryFit Analytics, which enables the publisher to analyze the metadata using artificial intelligence and provide insights related to audience targeting, reader personas, writing evaluation, faceted comps, and informed marketing intelligence. StoryFit Inc. was incorporated in 2014 and is headquartered in Austin, Texas.

Lily AI

Funding Round in 2018
Lily AI is the leader in predictive psychographics for retail e-commerce. Consumer spending online for apparel now accounts for over 27% of all clothing sales. Retailers need to understand each consumer’s emotional context while they are actively shopping. Lily AI combines deep product tagging with deep, real-time psychographic analysis to determine the active state of mind of each shopper, and turns that into precise and timely recommendations. These recommendations are proven to lead to higher conversions and lower return rates. Lily AI (lilystyle.ai) was founded by two women who believe clothes to reflect how they feel about themselves. The company is venture-backed and headquartered in Mountain View, CA.

Conversica

Series C in 2018
Conversica, Inc. is a company that specializes in cloud-based automated sales conversion management software utilizing artificial intelligence. Its primary product, the Conversica AI Sales Assistant, is designed to engage, nurture, qualify, and follow up with leads through natural, two-way email conversations until either a lead converts into an opportunity or opts out. This solution is capable of interacting with prospects across various communication channels and languages, catering to sales representatives in diverse sectors such as automotive, education, finance, insurance, real estate, and technology. Founded in 2007 and headquartered in Foster City, California, Conversica has expanded its presence with additional offices in Washington and Missouri. The company previously operated under the name AVA.ai LLC before rebranding in 2014. Conversica also has a strategic partnership with LeadFabric, enhancing its offerings in customer engagement through intelligent virtual assistants.

Conversica

Series C in 2018
Conversica, Inc. is a company that specializes in cloud-based automated sales conversion management software utilizing artificial intelligence. Its primary product, the Conversica AI Sales Assistant, is designed to engage, nurture, qualify, and follow up with leads through natural, two-way email conversations until either a lead converts into an opportunity or opts out. This solution is capable of interacting with prospects across various communication channels and languages, catering to sales representatives in diverse sectors such as automotive, education, finance, insurance, real estate, and technology. Founded in 2007 and headquartered in Foster City, California, Conversica has expanded its presence with additional offices in Washington and Missouri. The company previously operated under the name AVA.ai LLC before rebranding in 2014. Conversica also has a strategic partnership with LeadFabric, enhancing its offerings in customer engagement through intelligent virtual assistants.

Kognition

Seed Round in 2018
Kognition LLC designs and develops enterprise software solution for real estate property managers and security operators. The company's platform uses artificial intelligence and machine learning to allow buildings to see, think, act, and learn on their own responding to security, property activities, surveillance, logistics, environmental, and maintenance issues. The product includes SuperGuard solution which combines live security camera footage with sensor data to detect security threats. The company was incorporated in 2017 and is based in Philadelphia, Pennsylvania.

Conversica

Series B in 2016
Conversica, Inc. is a company that specializes in cloud-based automated sales conversion management software utilizing artificial intelligence. Its primary product, the Conversica AI Sales Assistant, is designed to engage, nurture, qualify, and follow up with leads through natural, two-way email conversations until either a lead converts into an opportunity or opts out. This solution is capable of interacting with prospects across various communication channels and languages, catering to sales representatives in diverse sectors such as automotive, education, finance, insurance, real estate, and technology. Founded in 2007 and headquartered in Foster City, California, Conversica has expanded its presence with additional offices in Washington and Missouri. The company previously operated under the name AVA.ai LLC before rebranding in 2014. Conversica also has a strategic partnership with LeadFabric, enhancing its offerings in customer engagement through intelligent virtual assistants.

Hyprsense

Seed Round in 2016
Hyprsense provides real-time facial motion capture technology to light up the creation of live animation.