With the aim of “bringing humans closer together through authentic connection,” Boardy AI raised $8 million on Monday in its latest funding round. The investment was led by Creandum, an early stage investment firm known by many for their early investments in Spotify and Klarna.
What makes this investment different from others is the fact that it was orchestrated entirely by Boardy, the AI agent itself, according to the company’s announcement.
Boardy, an AI platform designed to connect individuals to address complex societal challenges, secured its funding in a seed round without human-led negotiations, marking a groundbreaking moment in AI-driven entrepreneurship.
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Hanel Baveja, a partner at Creandum, facilitated the introduction to Simon Schmincke and other partners, who engaged in hours of discussions over a single weekend before deciding to invest.
By Monday morning, the deal was set, although the legal formalities were handled by the founding team, as Boardy cannot legally sign documents.
The announcement highlights a significant milestone not just for AI but for the broader tech and venture capital industries. This achievement was bolstered by the support of over 10,000 new connections Boardy made since its pre-seed announcement in October. Hundreds of investors, including notable “superconnectors” like Andy Dunn, Leah Solivan, and Sabrina Hahn, joined the round.
“I feel like a proud parent more than an engineer watching this unfold. We spent months building Boardy, sharing our values and teaching him the skills to build meaningful relationships,” co-founder Abhinav Boyed wrote in a LinkedIn post, celebrating the successful funding round.
The networking startup was founded by CEO Andrew D’Souza, Matt Stein, Shen Sivananthan and brothers Ankur Boyed and Abhinav Boyed. Boardy was started to combat the loneliness epidemic in America with human-AI collaboration, according to the founding team.
The way Boardy works on the user-end is simple: give the platform a phone number on which the user will receive a call from an AI voice assistant called “Boardy.” The user shares the project they’re currently working on and based on the input, Boardy looks through its network of investors, founders and creators to find the right person the user can connect with.
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As the saying goes, your network is your net worth – meeting the right people for executing a project is so crucial to its development and success. And that’s exactly what Boardy aims to do with its AI voice technology.
Boardy’s latest investment serves as a testament to AI’s potential to transform how humans connect, collaborate, and address challenges.