Stephanie Chandler Represents FunnelAI in Securing $1.5 Million in Series Seed Funding
Jackson Walker partner Stephanie L. Chandler represented FunnelAI, a San Antonio-based marketing and sales startup, in securing $1.5 million in series seed funding. The round was led by venture firm Active Capital with additional funding from the Geekdom Fund, True Capital, Router Ventures, and regional angel investors.
|MENTIONS – 12/10/2018|
Stephanie Chandler Guides Technology Startup Investors on Startup Valuation, Red Flags, and Raising Money
In an increasingly dense technology startup market, entering the investment arena is a risky venture.
FunnelAI was founded in 2017 with the vision to help businesses across every industry acquire customers in real-time through artificial intelligence (AI). The company offers a true AI based, deep learning and machine-language technology to automate business processes from finding prospects, hyper-targeting customers who only have high intent to purchase, to knowing customer’s journey for a proactive and repeated engagement. FunnelAI’s solutions focus within the auto industry, connecting various dealerships, auto manufacturers, e-commerce sites, and auto financing and insurance companies with potential customers.
Active Capital is a venture firm designed to lead seed rounds for B2B SaaS companies in cities across America. Founded in 2013, Geekdom Fund is a venture capital fund that invests in early stage tech startups. True Capital is Europe’s only retail and consumer sector specialist that operates across the entire investment vertical. Router Ventures is a Midwestern-based venture fund which focuses on providing supplemental resources to its portfolio companies.
For more information about the deal, read Startups San Antonio’s “Active Capital-Led $1.5M Funding, Workforce Grant Fuels Growth for FunnelAI” or The Texas Lawbook’s “CDT Roundup: 15 Deals, 11 Law Firms, 71 Texas Lawyers, $6.47B.” To explore Jackson Walker’s experience counseling startups, forming investment funds, negotiating M&A transactions, and conducting public and private offerings, visit our JWStartup landing page.
Stephanie L. Chandler partners with her clients to help them build their businesses. As the Firm’s Technology chair and a founding member of JWStartup, Stephanie has a track record of working with clients from the earliest stages of their development through significant liquidity events, typically in the role of outside general counsel managing the legal issues related to each growth stage. She has been recognized as one of 100 national Influencers in the area of Law by American City Business Journals (2018), with a Women’s Leadership Award from the San Antonio Business Journal (2017), in Chambers USA: America’s Leading Lawyers for Business as a Recognized Practitioner in Technology: Corporate & Commercial – Texas (2017), and by The Best Lawyers in America in Business Organizations (including LLCs and Partnerships) (2017-2019) and in Mergers and Acquisitions Law (2019). She serves on the Board of Trustees and as an Investment Committee Member Texas Research & Technology Foundation, which oversees VelocityTX, as a RealCo Accelerator, Mentor, and on the Executive Committee of the Board of the San Antonio Medical Foundation. She previously served on the Advisory Council for University of Texas at San Antonio College of Engineering, 2006 – 2014, on the San Antonio Clean Technology Forum Advisory Board and as the co-chair of Technology Day for the Masters Leadership Program where she currently co-chairs the Economic Development Day.