11xAI closes $2 million pre-seed to create autonomous AI employees
11xAI introduced the closing of a $2 million pre-seed spherical led by Mission A Ventures in the present day. Along side its fundraise, the corporate additionally launched its service.
The London-based firm builds automated digital employees that can be utilized in lieu of human staff. It has constructed an AI gross sales growth consultant referred to as Alice and plans to create James, centered on automated expertise acquisition and Bob, concentrating on automated human assets work within the upcoming years.
Talking to TechCrunch, co-founder and CEO Hasan Sukkar believes autonomous brokers are the way forward for the workforce and particularly designed 11xAI to assist smaller companies enhance their productiveness to higher compete with bigger firms.
The objective is that companies rent autonomous employees for all elements of their enterprise, creating an AI-powered workforce that runs on autopilot.
“Our mission is to assist individuals rise above mundane, repetitive duties, and that method, we are able to deal with the extra artistic and extra human-driven duties,” Sukkar instructed TechCrunch, including that he hopes to additionally develop a monetized infrastructure platform that might permit anybody to construct an autonomous employee.
Whereas generative AI strategies have discovered numerous market curiosity in current quarters, the know-how stays a piece in progress. Sukkar instructed TechCrunch that his firm has a product technique to stop bias within the AI fashions, one which incorporates audits and monitoring, common bias testings, and a various knowledge set.
Sukkar referred to as his startup’s current fundraising journey comparatively simple, as traders understood 11xAI had a lot potential to scale, particularly given the present synthetic intelligence growth.
Mila Cramer, a principal at Mission A Ventures, stated current AI developments allowed her and her crew to think about a future with automated end-to-end processes carried out by digital employees. “We’re very excited to help 11x in bringing us that future in the present day,” she instructed TechCrunch. “Hasan has an unimaginable, distinctive degree of dedication and conviction, which made us instantly consider that he’ll do one thing particular.”
No Label Ventures, Tiny Ventures, and angel traders Felipe Navio and Mandeep Singh additionally participated within the spherical.
Subsequent, Sukkar plans to broaden his present crew of six by hiring extra engineers; he additionally hopes to broaden extra into the US market and, in fact, is planning to launch two different digital employees.
This firm launch comes full circle for Sukkar, who remembers creating his first on-line market when he was simply 14 years previous.
In 2014 on the age of 17, he immigrated from Syria to the U.Okay. as half of what’s now referred to as the Syrian Refugee Disaster. He studied engineering on the College of Exeter and started navigating the British enterprise panorama. He labored in enterprise capital, the place he discovered ethnic minorities like himself at all times have to come back overly ready. Sukkar reached out to individuals he admired and spoke to anybody who would pay attention, and that led him right here with 11xAI.
“In two years, we consider that Digital Employees will likely be an everyday a part of how firms all over the world work,” Sukkar stated. “And we wish to allow this end result.”