Private Equity Angel Investments
AI s’ware tools maker AI Library raises $560-K
Source AI Library (opens in a new tab)Times Tech (opens in a new tab)
Delhi- and US-based AI Library has raised USD 560K in a pre-seed funding round, at a USD 7.5 million valuation cap from 12 angel investors.Founded in 2023 by Arani Chaudhuri, AI Library is an outcome-based AI-native software delivery company that develops autopilots for software delivery.The company plans to use the new funds for product development, market expansion, and investments in research and development to accelerate agent-driven software delivery for enterprises across various functions, including finance, operations, sales, and support.