Nexad Pitch Deck: Startup Raises $6M to Put Ads in Your AI Chats

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Here’s a summary of the relevant details from the passage about the startup Nexad:

Startup Details

  • Name: Nexad
  • Founded: 2024
  • CEO: Jason Hu

Funding Information

  • Amount Raised: $6 million
  • Funding Series: Seed funding
  • Date of Fundraising: Not explicitly mentioned, but the information is current as of 2023.

Investors

  • Lead Investors:
    • A16z Speedrun (Andreessen Horowitz accelerator)
    • Prosus Ventures
  • Participating Investors:
    • Point72 Ventures
    • Sequoia Capital’s Scout Fund

Founders

  • Jason Hu (CEO)
  • Henry Zhou (COO)

Additional Details

  • Business Type: Adtech startup focusing on native advertising solutions for AI applications.
  • Network: Involves seven AI companies, including:
    • iAsk (AI search engine)
    • Dippy AI (AI companion app)
    • Bounce (basketball-themed AI app)
  • Ad models: Includes pay-per-click, per-view, per-install, and per-purchase.
  • Target Audience: Approximately 30 million consumers across various AI apps.

Future Goals

Nexad aims to hire more staff and build partnerships with a focus on serving ads across AI platforms.

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2025-04-16 13:57:21

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