E66: What Does Read.ai’s Series A Tell Us?

In this Episode of Localogy’s This Week in Local, co-hosts Mike Boland and Charles Laughlin unpack what we learned from Read.ai’s recent $21 million Series A funding round. 

The analysts agreed that the round is a good sign that VCs are out there for companies with proven founders and a good story. Although, it is not enough to declare the VC winter is thawing because a respected serial founder with “AI” in his company's name was able to raise a round. 

What the analysts found even more interesting was the product expansion that accompanied Read.ai’s funding round. This led to an interesting discussion on the episode of new ways organizations may (perhaps inevitably) apply this data. 

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