AltaIR Capital Invests in Browse AI: Startup Extracts and Monitors Data from Any Website

Browse AI has developed online automation software that transforms any website into a spreadsheet or API in just 2 minutes, requiring no coding.

In a recent announcement, an early-stage startup revealed securing a $2.8 million seed investment. This funding round was backed by a consortium of investors, including AltaIR Capital.

According to Ardy Naghshineh, CEO of the startup, the company's ARR has experienced a 20x year-over-year growth. Furthermore, the company achieved positive cash flow six months ago—a remarkable feat for an organization as young as Browse AI, which was launched in 2020.

The company has garnered significant attention, with major companies such as Amazon, Walmart, Accenture, Google, and McKinsey showing interest. The platform has gained over 200,000 new users in total, reflecting its impressive traction in the market.

Read more about the company and its technology on TechCrunch.