Cashmere: AI-Based Client Acquisition Platform Raises $3.6 Million (Seed)
By Amit Chowdhry ● Sep 13, 2024
Cashmere, an AI-based client acquisition platform for wealth management firms, announced it has raised a $3.6 million seed funding round. This seed round was led by Canapi Ventures, with participation from Benchstrength, Plug and Play, The House Fund, Courtyard Ventures, and angel backers. And as the lead investor, Canapi Ventures will act as board observers, providing strategic guidance as Cashmere scales its operations. The funding will advance product development and strategic hiring, including a newly appointed Head of Machine Learning.