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Funding Round attributes
Funding Type
Funded Company
Funding Round Amount (USD)
4,000,000
Investment
Announcement URL
Funding Round Date
September 24, 2024
Knownwell, a Washington, DC-based AI-as-a-Service (AIaaS) company, raised $4 million in funding, led by Sovereign’s Capital, with participation from Studio VC and private investors. This round follows a $2 million pre-seed round announced earlier this year. The new funding will support expanding Knownwell’s development team and advancing its product capabilities. Knownwell uses AI to synthesize communications and data to help mid-market professional services firms strengthen client relationships and improve operational efficiency. CEO David DeWolf leads the company as it continues to grow its offerings.
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