AI Funding Platform Hum Capital secured $9 Million in Series A Funding Round

Hum Capital, a New York-based AI-powered funding platform, has now secured $9 million in a Series A funding round.

Hum Capital is founded by Blair Silverberg. It is a funding platform that connects companies with the right capital of around $50 million. Investors on the platform gain investment insights and a personalized deal flow built on company data.

Steve Jurvetson, the Managing Director & Co-Founder of Future Ventures, said, "Building a general-purpose funding platform like the Intelligent Capital Market is complex, but the breadth of opportunities that it creates can be seen in Hum's growth in the last year. Hum is Future Ventures' only fintech investment. Hum's mission to bring the private capital markets online is a big idea that will have a transformative impact on society by removing friction and bias in capital allocation."

Blair Silverberg, CEO, and co-founder of Hum Capital, said, "Marketing one form of capital over another is a flawed, antiquated approach, and does a disservice to companies. Founders need to go into the fundraising process knowing what all of their options are so they can make the right decisions for their growth and ownership. With our data-driven, 'Kayak.com-like' approach to institutional fundraising, we are helping match companies to institutional investors interested in investing in companies like theirs."

The Future Ventures led the latest funding round. Other participating investors include Partech, Webb Investment Network, and Wavemaker Partners.

Hum Capital intends to leverage new funds to scale its go-to-market operations and onboard some of the new institutional investors onto its intelligent capital market platform to expand access to a diverse range of non-dilutive financing products, notes the announcement.