Funding

Luzia funding news – Madrid-based Luzia Raises $19Million in Fresh Funding

May 10, 2024 | By Startup Rise EU

Madrid-based Luzia, a startup that offers an AI assistant for WhatsApp, raises $19million in fresh funding in fresh funding.

SUMMARY

  • Luzia was founded by Álvaro Martínez Higes, Javier Andrés, and Carlos Pérez in 2023.
  • It secures $19million in fresh funding by Monashees, Khosla Ventures, Endeavor Catalyst, former basketball player Pau Gasol and A*

Madrid-based Luzia, a startup that offers an AI assistant for WhatsApp, raises $19million in fresh funding in fresh funding.

A*, Monashees, Khosla Ventures, Endeavour Catalyst, and former basketball star Pau Gasol were among the investors and partners who contributed to the venture. With this cash, it will be able to grow its staff and enhance its AI solutions.

Luzia says, “We’re not slowing down. We plan to keep delighting our users, supporting their everyday lives with groundbreaking AI, developing new features to meet their needs, and of course, expanding our team—we expect to grow to 50 people by the end of the year.”

It has received money in three rounds during the last year. The firm employs 20 people, has 40 million users globally, and in only three months, its new app was downloaded 5.5 million times. It wants to be the go-to phone helper for everyone.

Read also - Early Game Ventures funding news – Venture Capital Firm Early Game Ventures Secures €60Million in Funding

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The company says, “At Luzia, we strongly believe in creating genuine and close user experiences. Therefore, we endow Luzia with a ‘personality’, seeking to make the interaction more enjoyable, warm and personal, and therefore more accessible. Although it responds with a ‘human’ personality, we maintain the ethics of being transparent about its artificial intelligence nature when asked directly, ensuring an honest and trustworthy use of our technology.”

About Luzia

Luzia is an artificial intelligence chatbot that was founded in 2023 and is supervised by Carlos Pérez, Javier Andrés, and Álvaro Martínez Higes. It can comprehend and react to basic text or voice commands. It is beneficial for work, academics, everyday chores, and even conversation.

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