Tech startup CaliberMind raises more than $3 million in capital

BOULDER — Caliber UX Inc., a Boulder tech startup doing business as CaliberMind, has raised $3.3 million.

The company raised the funds by offering equity, according to a Form D filed with the Securities and Exchange Commission on Dec. 1.

The funding will go to accelerating product development and scaling up marketing and sales, co-founder and CEO Raviv Turner told BizWest. Part of scaling up includes hiring for a director of engineering and for sales and marketing leadership roles in its Boulder and newly-opened New York offices.

SPONSORED CONTENT

People Powered: Preparing Longmont Businesses for Economic Success

Longmont Chamber and FNBO present People Powered on April 24, 2024, aiming to inform business owners about workforce development, housing, and transportation issues.

Turner said CaliberMind is an enterprise AI software that works with B2B organizations to help them manage customer data with a centralized database. He added that the benefit of CaliberMind’s machine learning is that it can go through unstructured data, like emails between client and representative and recorded sales calls, and index it.

“We make sense of customer data in an organization so businesses can better engage with customers,” Turner said.