Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use the new funding to accelerate its product development and prioritize its international expansion, Nory said in a Wednesday (May 22)...
We are still in the first innings of generative artificial intelligence (AI). But the innovative and groundbreaking technology, which represents an entirely new computing paradigm, has already hit a home run in capturing the attention of both public institutions and private enterprises. And for the...
If you’re searching for unicorns, you might want to look in the generative AI space. A report published Tuesday (Oct. 17) by venture firm Accel says generative artificial intelligence (AI) companies are now the main driver of “unicorns,” or startups valued at $1 billion. In fact, 60% of new...
Aavenir, an artificial intelligence (AI)-enabled source-to-pay (S2P) solution provider, raised $6 million in Series A funding, the company announced Tuesday (March 22). Aavenir said it will use the capital to build new products, increase its S2P solutions footprint and strengthen its sales team for market...
April 15, 2026
Venture capital firm Accel has raised $5 billion in late-stage capital to invest in artificial intelligence (AI) companies. The company’s partners said in a Tuesday (April 14) blog post that AI has reduced the distance between having an idea and scaling it, that the market is expanding to match that change and that the defining companies of the next decade are taking shape now. […]
May 22, 2024
Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use the new funding to accelerate...
October 17, 2023
If you’re searching for unicorns, you might want to look in the generative AI space. A report published Tuesday (Oct. 17) by venture firm Accel says generative artificial intelligence (AI) companies are now the...
March 22, 2022
Aavenir, an artificial intelligence (AI)-enabled source-to-pay (S2P) solution provider, raised $6 million in Series A funding, the company announced Tuesday (March 22). Aavenir said it will use the capital to...