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11xAI closes a $2M pre-seed round to create autonomous AI workers
August 13, 2023

11xAI closes a $2M pre-seed round to create autonomous AI workers

Reading Time: 2 minutes

11xAI announced the closing of a $2 million pre-seed round led by Project A Ventures today. In conjunction with its fundraise, the company also launched its service.

The London-based company builds automated digital workers that can be used in lieu of human employees. It has built an AI sales development representative called Alice and plans to create James, focused on automated talent acquisition and Bob, targeting automated human resources work in the upcoming years.

The goal is that businesses hire autonomous workers for all parts of their business, creating an AI-powered workforce that runs on autopilot. 

Sukkar called his startup’s recent fundraising journey relatively easy, as investors understood 11xAI had much potential to scale, especially given the current artificial intelligence boom.

No Label Ventures, Tiny Ventures, and angel investors Felipe Navio and Mandeep Singh also participated in the round.

Sukkar plans to expand his current team of six by hiring more engineers; he also hopes to expand more into the U.S. market and, of course, is planning to launch two other digital workers.

This company launch comes full circle for Sukkar, who remembers creating his first online marketplace when he was just 14 years old.

In 2015 at the age of 17, he immigrated as part of the Syrian Refugee Crisis to the U.K. He studied engineering at the University of Exeter and began navigating the British business landscape. He worked in venture capital, where he learned ethnic minorities like himself always have to come overly prepared. That journey has led him here with 11xAI.

‘In two years, we believe that Digital Workers will be a regular part of how companies around the world work,’ Sukkar said. ‘And we want to enable this outcome.’

This piece was updated to clarify the year Sukkar came to the U.K. 

Reference: https://techcrunch.com/2023/08/11/11xai-closes-2-million-pre-seed-to-create-autonomous-ai-workers/

Ref: techcrunch

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