Tech11:36 · 14m ago

Israeli AI Startup Catch Raises $5 Million Seed Funding

Ice
Translated & summarized from Ice by baba
The story · English

Israeli startup Catch has announced the completion of a $5 million seed funding round, marking its emergence from stealth mode. The company has developed an autonomous AI agent designed to manage the administrative workload of executives, including scheduling meetings, handling emails, booking travel, and managing daily tasks.

Catch was founded by CEO Nir Sabato, formerly an investor at Entrée Capital, and CTO Yoav Ramon. The Tel Aviv-based company currently employs six people. Their AI system integrates with existing organizational platforms and learns an executive's work patterns and preferences within minutes, without requiring complex prompts or new tool training.

The system operates proactively, capable of making independent decisions and executing tasks end-to-end via email, Slack, text messages, or phone calls. For instance, if a flight is booked without a hotel, the AI will check preferred hotel rates and offer to make a reservation.

To address privacy and security concerns associated with sensitive executive data, the system was built to comply with the SOC 2 standard. Its architecture uses distributed agents, each limited to a single task and exposed only to necessary data. Information is anonymized and used for training open-source models through supervised and reinforcement learning.

The product is currently available for executives in growth-stage and established startups. The newly raised funds will be used to accelerate technology development and market expansion.

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