Bloks.app Secures $1.5M Seed Funding
Bloks.app, an innovative AI-powered platform, recently announced the successful closing of a $1.5 million seed funding round.
The round was led by Storytime Capital and Mistral Ventures, along with backing from MaRS Investment Accelerator Fund and notable angel investors like Sébastien Marineau (VP at Apple), Scott Roberts (VP at LinkedIn), and Jeff Bonforte (former CEO of Grindr).
The fresh funding will supercharge the platform’s development, helping it tackle the notorious "busywork" that plagues investment teams.
Led by seasoned entrepreneur Marc Gingras, Bloks.app is on a mission to shift investment teams’ focus from mundane administrative tasks to what really matters—finding and nurturing the next startup unicorn.
The platform automates tasks like note-taking, CRM updates, and investment memos, giving teams more time to build relationships and make strategic decisions.
Neil Grunberg, General Partner of Storytime Capital said:
"When we started using Bloks.app, it became immediately clear that this platform is more than just a tool—it's a shift in how we operate. By taking busywork off our plates, Bloks.app allows us to concentrate on the human connections that drive successful investments. The potential for this technology to transform industries beyond venture capital and private equity is enormous,"
AI isn’t just about making things faster—it’s about allowing teams to focus on human connections that drive success.
With AI tools transforming industries across the board, from healthcare to retail, Bloks.app is now piloting its platform with over 20 venture capital and private equity funds across North America.
Investment teams tired of drowning in spreadsheets may want to take note.
The exclusive pilot program offers select firms the opportunity to be on the cutting edge of AI-driven investing.
In today’s world of AI hype—where ChatGPT is helping write term papers and Tesla’s AI is driving cars—it seems fitting that investment teams get their own AI assistant.
While it won’t fetch coffee (yet), Bloks.app will at least help investors reclaim their time and sanity.
For teams looking to level up, spots are limited in the pilot, so it’s a good idea to check out their website.