Artificial intelligence startup Alyce announced the completion of $5.3 million in financing led by Boston Seed Capital. Founder Collective, General Catalyst Partners, Manifest Investment Partners and Golden Venture Partners also participated in the offering.
Alyce aggregates corporate gifting spend to maximize marketing measurability, sales productivity and business results. Its human-enhanced artificial intelligence (AI) helps users select gifts from more than 30,000 products in the Alyce marketplace and send them to prospects, customers, or employees. Businesses can also use Alyce to catalyze their marketing and sales funnel, and engage their prospects and customers.
The company will use the funding to accelerate growth, hire key executives, and expand the capabilities of its platform.