Watch: How Knowd Raised $500K on a $10M Cap to Build a Promptless AI Knowledge Platform (Interview with CEO Justin Shum)June 2023 · Justin Shum, CEO
How Knowd Raised $500K on a $10M Cap to Build a Promptless AI Knowledge Platform (Interview with CEO Justin Shum)
- Knowd closed a $500,000 convertible note from Drive Capital in June 2023 at a $10M cap, selling approximately 5% of the business.
- The company had been operating for roughly six months at the time of the interview, with code writing only just beginning the week prior.
- Initial ICP is MBA students, chosen for their openness to new technology and their similarity to the core monetization target: management consultants.
