Alchemyst AI, a generative AI SaaS startup founded in 2023 by Uttaran Nayak and Anuran Roy, has raised $300,000 in a pre-seed funding round led by Inflection Point Ventures, with participation from 100Unicorns and Early Seed Ventures. The funds will be used to enhance the company’s GPU and technology infrastructure, scale operations, and grow its team.
Alchemyst AI is leading the development of digital employees, known as “Alchemysts,” which autonomously perform intelligent tasks across enterprises. Co-Founder and CEO Uttaran Nayak stated that the company is shaping the future of the workforce through fully autonomous Gen-AI digital employees. These AI-driven employees are designed to enhance enterprise productivity by automating routine tasks without requiring human intervention.
Vikram Ramasubramaniam, Partner at Inflection Point Ventures, commended Alchemyst AI’s innovative approach, noting that the startup is revolutionizing how businesses manage productivity by automating tasks and allowing teams to focus on higher-value activities.
With expansion plans across global markets, Alchemyst AI is poised to capitalize on the growing generative AI market, which is projected to reach $330 billion by 2030.
Featured image: Credit: Alchemyst AI
