Professional networking platform CoffeeMug.ai raises $625-K from Paradigm Shift, AngelList
Singapore-based AI-powered professional networking platform CoffeeMug.ai has raised USD 625,000 in a pre-Seed round led by Paradigm Shift Capital and AngelList India. The funding round saw participation from angel investors including Archana Priyadarshni, IIM-Indore Alumni Angel fund, Yagnesh Sanghrajka, and Aloke Bajpai. CoffeeMug plans to use this fund to further refine its AI-based matchmaking algorithm, double its existing user base of 50,000 globally, and connect them with business opportunities.
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