San Francisco, California-based Pano AI announced the close of its $44 million Series B funding round.
The round, which brings its total amount raised to $89 million, was led by new investor Giant Ventures, with additional new participation from Liberty Mutual Strategic Ventures and Tokio Marine Future Fund, as well as continued support from Congruent Ventures, Initialized Capital and Salesforce Ventures.
Pano AI said it will use the growth capital to accelerate adoption and deployment of its AI-powered wildfire detection and intelligence services.
Pano AI was founded by Sonia Kastner, chief executive officer, and Arvind Satyam, chief commercial officer.
Pano AI was launched in 2020. The company provides early detection and situational awareness solutions to fire agencies, utilities, governments, and private landowners. The company’s services are deployed across the U.S., Canada and Australia.
Topics
California
InsurTech
Data Driven
Artificial Intelligence
Was this article valuable?
Here are more articles you may enjoy.
Interested in Ai?
Get automatic alerts for this topic.
Source link