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Location analytics startup Locale.ai raises pre-seed funding from Better Capital

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Bengaluru: Location analytics startup Locale.ai has raised pre-seed funding in a round led by early stage venture firm Better Capital.

Angel investors such as Myntra co-founder Raveen Sastry and Fusion Charts co-founder Pallav Nadhani also participated in this round.

The company did not disclose the amount raised. However, according to a person aware of the deal, Locale.ai raised between $100,000 and $300,000 in this round.

Founded in 2019, Locale.ai is working with mobility and delivery companies in the US, France, Argentina and India. The company said in a statement that the funds will be used to scale and expand globally, primarily in the US.

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