XYZ AI Inc Secures $100K in Second Pre-Seed Funding, Valuation Soars to $6.5 Million

Press Release

For Immediate Release

XYZ AI Inc Secures $100K in Second Pre-Seed Funding, Valuation Soars to $6.5 Million

Innovative AI SaaS Firm Focuses on Productivity and Privacy

Miami, Florida, November 30th, 2023 - XYZ AI Inc, a pioneering firm in the AI-powered SaaS industry, announced today that it has successfully completed its second pre-seed funding round, raising $100,000 from two angel investors. This significant financial injection boosts the company's valuation to an impressive $6.5 million, underscoring its growing impact in the fields of privacy, employment, and communication. XYZ AI Inc has witnessed a remarkable surge in its active customer base, Monthly Recurring Revenue (MRR), and Net Volume, indicative of strong market acceptance and product efficacy.

About XYZ AI Inc

Founded with the vision of enhancing individual productivity through cutting-edge technology, XYZ AI Inc has quickly established itself as a leader in the AI sector. The company's commitment to privacy, employment, and communication is reflected in its two flagship products: StealthGPT and RapidResume.

StealthGPT: The Privacy Pioneer

StealthGPT, XYZ AI Inc's privacy-centric offering, empowers users to generate undetectable AI-crafted text, ensuring confidentiality and freedom in digital expression. This product stands at the forefront of privacy technology, offering unmatched benefits for users seeking discretion.

RapidResume: Revolutionizing Job Applications

RapidResume, the company's employment-focused tool, transforms the way job seekers present themselves. By enabling users to create seamless, high-quality resumes in seconds, RapidResume is redefining the standards of professional presentation in the job market.

Use of Funds

The newly acquired funds will be strategically invested in salaries, research and development for future XYZ AI Inc products, as well as in marketing initiatives to bolster the presence and impact of its current offerings.

A Word from the CEO

"This additional round of funding is critical for XYZ AI to reach the next steps in its mission and represents the success we've had to this point," said Jozef Gherman, CEO of XYZ AI Inc. "We are thrilled to continue our journey in redefining productivity through AI, while staying true to our core values of privacy and user empowerment."

Contact Information

For more information about XYZ AI Inc and its products, please contact:

Email: support@stealthgpt.ai

Looking Forward

With its robust growth trajectory and the recent influx of funding, XYZ AI Inc is poised to make significant strides in the AI industry. The company remains committed to its mission of enhancing productivity through innovative technology, while prioritizing user privacy and ease of employment.