Automating Complex Software Upgrades
This new AI startup just secured a massive $20M pre-seed round to automate complex corporate software upgrades. Here is how they plan to take on $13B industry giants.
What the video says
A new startup called June.AI Technologies is launching, with $20 million in pre-seed funding, to automate complex enterprise software upgrades. The company was started last year by 4 former Salesforce executives who previously built an early artificial intelligence startup called Bonobo AI.
Their massive pre-seed round was led by Thyme Ventures, with backing from tech heavyweights like Michael Dell, Diane Greene, and George Kurtz, June targets the highly complicated task of modernizing corporate systems, automating work that companies usually pay expensive professional service firms to handle. The platform scans application data to map out business workflows, and it even uses a natural language chatbot to ask employees for missing details.
By analyzing these real-world activities, June can implement software changes directly from natural language descriptions and run tests to verify the code. This automation could create direct competition for established process mining platforms like Celonis, which was last valued at $13 billion.
