Read the pitch deck Instacart veterans used to raise $8.5 million for AI startup Champ AI

Image for article Read the pitch deck Instacart veterans used to raise $8.5 million for AI startup Champ AI
News Source : Business Insider

News Summary

  • Champ AI has raised $8.5 million to build AI agents that automate the work of back-office operations teams.
  • Champ's software can turn a company's internal policies into actions a computer can perform.
  • "Our agent is both the brain and the hands, so it decides what needs to be done and then gets it done," CEO Jagannath Putrevu said.
  • Champ has six employees and plans to use the funding to hire software engineers, forward-deployed engineers, and salespeople.
Champ AI cofounders Peter Lin, Jagannath Putrevu, and Ted Cheng.Champ AIChamp AI has emerged from stealth with $8.5 million in funding led by Redpoint Ventures.Its three cofounders [+3010 chars]

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