Spot AI, Inc. announced that it has received $39.99997 million in funding from Redpoint Management, LLC, Deer Management Company, LLC, Scale Management, LLC, StepStone Group Inc., Milk Street Ventures, Hypergrowth Partners
November 16, 2022
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On November 17, 2022, Spot AI, Inc. closed the transaction. The round of funding was led by new investor, Scale Management, LLC. The transaction included participation new investors, StepStone Group Inc., Milk Street Ventures, returning investors, Deer Management Company, LLC, Redpoint Management, LLC and other investor, Hypergrowth Partners.
StepStone Group Inc. is a private markets investment firm. It is focused on providing customized investment solutions and advisory, data and administrative services to its clients. The Company partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes. Its portfolios utilize several types of synergistic investment strategies with third-party fund managers, including commitments to funds, acquiring stakes in existing funds on the secondary market and investing directly into companies. Its solutions are offered across various commercial structures, including separately managed accounts, focused commingled funds, advisory, data and administrative services, and portfolio analytics and reporting. Its advisory, data and administrative services include recurring support of portfolio construction and design, and discrete or project-based due diligence.
Spot AI, Inc. announced that it has received $39.99997 million in funding from Redpoint Management, LLC, Deer Management Company, LLC, Scale Management, LLC, StepStone Group Inc., Milk Street Ventures, Hypergrowth Partners