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Phantastiq Inc. Raises Undisclosed Seed Round, Valuing Company at $10M

08-23-2024 04:50 PM CET | IT, New Media & Software

Press release from: Getnews

/ PR Agency: Brand Featured
Phantastiq Inc. Raises Undisclosed Seed Round, Valuing Company

Image: https://www.getnews.info/wp-content/uploads/2024/08/1724367592.png

Phantastiq Inc. secures seed funding at a $10M valuation. The undisclosed round highlights strong investor confidence as the company gears up for its next growth phase.
Phantastiq Inc., a pioneering AI company, today announced the successful completion of an undisclosed seed funding round, valuing the company at $10 million. This funding will drive Phantastiq's mission of "Equity for All," where the traffic patterns created by users generate market intelligence that is returned to its rightful owners.

Phantastiq Inc. is developing an AI model that not only analyzes and monetizes traffic patterns but also empowers individuals and businesses to control the market intelligence derived from their data. This intelligence is then sold to those who require it, ensuring that the creators of the traffic patterns receive a fair share of the value generated. The new funding will be directed primarily toward enhancing the company's research and development (R&D) initiatives, fostering innovation, and expanding the capabilities of its AI technology.

"We're thrilled to have support toward a more equitable digital environment," said Veris Alarius, CEO of Phantastiq Inc. "We believe the market intelligence generated from traffic patterns belongs to those who create it and not Big Tech. Our AI model is designed to ensure that both individuals and businesses benefit directly from the value their traffic patterns produce."

Phantastiq Inc.'s AI model is versatile, with applications across industries like e-commerce, finance, and real-estate. Using advanced machine learning algorithms, the model identifies traffic patterns that can be monetized, generating valuable market intelligence that businesses can leverage, all while ensuring that the original creators of the data receive their due share.

The company's commitment to "Equity for All" underpins its approach to innovation. With the newly secured funding, Phantastiq Inc. plans to further refine its AI model by incorporating deep learning and neural networks, enhancing the monetization and efficiency of its technology. While developing a self-serve option, where users can sign-up on their website (www.phantastiq.ca [http://www.phantastiq.ca/]).

Phantastiq Inc. is also committed to attracting top-tier talent to support its growth. The company is investing in a world-class team of AI researchers, data scientists, and engineers who are passionate about advancing the company's mission.

Phantastiq Inc. is on a mission to change how businesses and individuals interact with their traffic patterns. By empowering users to monetize their own patterns and the intelligence they generate, the company aims to establish traffic pattern equity as a standard practice in the digital world.
Media Contact
Company Name: Phantastiq Inc.
Contact Person: Jasmine Richards
Email: Send Email [http://www.universalpressrelease.com/?pr=phantastiq-inc-raises-undisclosed-seed-round-valuing-company-at-10m]
Phone: 415-888-9711
Country: Canada
Website: http://www.phantastiq.ca/



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