Team-GPT secures $4.5m in seed funding round

Team-GPT secures $4.5m in seed funding round
November 15th, 2024

Bulgarian startup Team GPT has secured $ 4. 2 Million ( Lv7. 93 Million ) in seed funding, for its intelligence powered collaborative workspace designed for enterprise usage.

The investment was primarily driven by Ventures and supported by Pact along, with a group of angel investors that includes ex employees of OpenAI.

The platform has over 45 000 users. Serves clients, like Salesforce, MRO and Johns Hopkins University.

Team GPTs system allows businesses to easily engage with artificial intelligence models and arrange prompts while pinpointing practical applications, for artificial intelligence.

The incorporation of intelligence into business operations aims to minimize the necessity, for recruitment and greatly enhance efficiency.

Team GPTs co founder and CEO Iliya Valchanov noted that, in the past communicating with intelligence was complex and mostly limited to scientists domain; however, GPT has revolutionized this by enabling everyone to tap into the power of artificial intelligence through simple conversations.

"While chatting may seem straightforward at glance and easy to grasp its concepts as a basic form of interaction with others online or through messaging apps; its functionality can sometimes feel restrictive compared to more complex tasks such as file management or text editing where automation and innovative AI driven solutions, like those provided by Team GPT can truly shine."

Furthermore for businesses to fully embrace AI technology it will be necessary for them to undergo training and organizational adjustment. A challenge we faced together as a team, during the rise of cloud computing and data science platforms.

Team GPT aims to ensure that businesses can easily utilize and benefit from intelligence to enhance the efficiency of their operations.

Mike Montano, an investor, at True Ventures mentioned that knowledge workers are leveraging AI to enhance their tasks.

When you combine the worries companies have about safeguardin data with it it creates a situation when trying to introduce tools to various groups of people Team GPT merges all those isolated tasks into a shared space that is set to be the hub, for teamwork driven by AI.

The group GPT was established by Hristо Valchanov who educates about intelligence along with co founders Ilko Kacharov and Yavor Belakov as well, as Katya Vaptsarova and Maria Valchanova.

Shandor Brenner

Shandor Brenner is an American journalist recognized for his sharp and insightful reporting on social and political issues. His work is known for its depth, integrity, and the ability to highlight critical societal concerns.

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