CoLabs Raises $4 Million, Launches Inaugural Software

AI software startup CoLabs acquired $4 million in seed-stage funding and unveiled its inaugural product, IntelAgree. Early investors in CoLabs include business leaders who supported the founders’ previous SaaS venture, eStaff365.

The company’s mission is to develop software products that use machine learning and artificial intelligence to optimize and simplify business processes in major industries. Using direct input from early product adopters, the team plans to create a scalable model to identify and solve business challenges in different industries.

The company plans to use the money to build a cross-functional team of experts in areas such as product development, software engineering, and design.