Pre-Seed Funds for Spike AI

Marketing intelligence platform provider Spike AI has secured $1.9m in pre-seed funding, with which to accelerate the development and roll-out of its MAGI system.

Spike AI was founded in 2024 by Deepesh Kumar, now CEO, and Shrestha Pratik, CTO. MAGI is an autonomous platform which brings marketing functions and tools into a single, self-operating system, allowing users to analyze marketing channels, identify friction points and deploy improvements in real time across web sites, paid media, SEO, email and influencer campaigns.

The round was led by Sorin Investments, joined by Principal Venture Partners and others.

'The trillion-dollar marketing industry doesn't need more dashboards and tools,' says Kumar (pictured), 'it needs intelligent orchestration. Spike AI delivers a 24/7 AI growth team, shipping measurable outcomes ten times faster.' He adds: 'Just as Salesforce transformed CRM, we believe MAGI will redefine marketing orchestration.'

The San Francisco-based firm is online at https://getspike.co .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.