Tab emerges from stealth at a $300 million valuation with a personal AI assistant users can message through iMessage or WhatsApp to handle tasks such as ordering groceries and finding birthday gifts. Founded by Brennan Erbz, Stafford Schlitt, and Ammar Amdani, the company names SV Angel, Valar Ventures, and American Spirit as investors but declines to disclose exact funding details. Tab says it does not use user data to train AI and requires approval for actions that cannot be undone.
Paris-based fintech Hero announces an €11.3 million all-equity funding round led by Valar Ventures to support its banking and working-capital platform for small businesses. The product combines business accounts, payment cards, payment acceptance, and credit for paying supplier invoices or advancing money against customer invoices. Hero has built its own core banking system and risk-scoring engine, and is awaiting ACPR approval for its payment services.
Jun 2024TechCrunchNews article
Valar Ventures
US-based Valar Ventures, founded in 2010, invests primarily in tech startups globally, outside Silicon Valley.
