What’s at stake: Personal assistant app company Pam has hit the $500,000 minimum for a first close on its hoped-for $800,000 seed round, which was led by Flying Kiwi Angels.
Background: Pam has developed a a user-friendly admin management/calendar app using AI tools to lighten the mental load on parents of family administration. Early traction in New Zealand shows strong product market fit and it’s expanding into the US.
Personal assistant app company Pam has raised the $500,000 minimum investment for the first close of a hoped-for $800,000 seed round, on a $4 million valuation pre-money.
The round was led by Flying Kiwi Angels, and included VC firm Icehouse Ventures and other angel investors.
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Key points
What’s at stake: Personal assistant app company Pam has hit the $500,000 minimum for a first close on its hoped-for $800,000 seed round, which was led by Flying Kiwi Angels.
Background: Pam has developed a a user-friendly admin management/calendar app using AI tools to lighten the mental load on parents of family administration. Early traction in New Zealand shows strong product market fit and it’s expanding into the US.