In a big move for the tech world, Boardy, AI-powered networking, raised $3 million in a pre-seed funding round.
The company was co-founded by its CEO Andrew D’Souza, along with Matt Stein, Shen Sivananthan, and brothers Ankur Boyed and Abhinav Boyed. Together, they bring a wealth of experience from diverse industries, combining expertise in AI, business development, and technology to lead Boardy’s innovative efforts.
New Era for AI-Powered Networking
With businesses of all kinds increasingly leaning on technology to help streamline their operations and make them more productive, networking is the key to business success. It hasn’t particularly seen too much in the way of innovation. Boardy is here to change this by building smarter, more efficient professional connections using AI. The platform is designed to facilitate deep relationships through data-driven recommendations and personalized networking opportunities.
“We built Boardy for a better future, where AI actually makes us more connected to each other and where humans and AI collaborate to solve the hardest problems of humanity,” said Andrew D’Souza, CEO and co-founder of Boardy. At the heart of this vision is the driving force for Boardy’s networking platform powered by AI, in order to make the creation of valuable professional relationships easier.
The $3M Pre-Seed Round: Fueling Growth and Innovation
This pre-seed investment of $3 million, led by leading venture capital firms focused on AI and technology innovation, is supposed to finally give Boardy the resources to develop its AI algorithms and grow its user base. The fund will be utilized toward enhancing the machine learning capabilities of the platform, improving user experience, and releasing higher-value networking tools customized for use in specific industry verticals.
In this connection, with the funds invested, Boardy seeks to accelerate more the development of the product, entailing releasing new features improving the accuracy of matchmaking and optimization of its mobile platform for seamless user experiences. This growth initiative will also be driven by an expansion in the engineering and sales teams to keep pace with demand from early adopters.
Why AI Networking Matters in 2024
The AI uprising is transforming many industries, and networking is no exception. Traditional in-person events and cold outreach are becoming less effective in the digital-first world. It is in this regard that professionals and businesses alike are seeking to try new ways of building relationships that can actually prove to be real opportunities. AI-powered platforms like Boardy bridge the gap by automating this matchmaking and bringing those relevant connections right to users’ phones.
Boardy’s intelligent algorithms bring forth contacts from a person’s professional circle to other professionals and help tap into opportunities they never knew existed. This level of personalized networking creates an advantage in itself, greater compared with traditional methods, since it improves one’s reliance on luck or happenstance.
What the Future Holds for Boardy
With this fresh shot of capital, Boardy is now well-placed to lead the transformation of professional networking in 2024 and beyond. It’s a bet that AI will make networking faster, more efficient, and better tailored to each user’s needs.
The next stage in its development will be to expand its feature set so it addresses more industries and geographies. As professionals increasingly adopt AI-powered networking tools, Boardy might just have a say in shaping the future of professional connections.
Final Thoughts
In this modern, connected world, where relationships are considered an important pillar in career and business development, Boardy’s AI-driven networking proposition means a great deal to professionals who need a series of meaningful relationships in the digital world. The pre-seed funding of $3 million not only validates Boardy’s innovative model but also catalyzes its ambition of high growth and further disruption in the networking space.
This company has the potential to redefine how professionals connect, collaborate, and advance their careers as it scales. As AI becomes increasingly central to everyday business processes, the likes of Boardy are set to be one of the primary tools in the modern professional’s armory.