Juno Journey, the creator of an AI platform, has announced that it has raised $19 million in Series A funding in its first institutional funding round. The round was led by Insight Partners, a global venture capital and private equity firm, with participation from VC Cerca and existing investor 10D Ventures.
Juno Journey was founded in 2019 by CEO Dor Nachshoni, CTO Ofer Ben Attar, VP R&D Yehonatan Korach, and COO Jeremie Israel. The company is headquartered in Herzliya, Israel.
Juno Journey’s platform is used by global companies and organizations, including Monday.com, Trax Retail, 888 Holdings, Cellebrite, Kaltura, and others.
The funding round will enable Juno Journey to expand and accelerate its activities in global markets, particularly in the United States, according to a statement. The company, which currently has 30 employees, is planning to double employee headcount by the end of 2021.
Daniel Aronovitz, Vice President, Insight Partners, said, “We were swiftly impressed by Juno Journey’s team and employee-centered approach to a topical concern for organizations. Juno Journey’s platform turns the traditional LMS on its head with a finer focus on employee learning and development, driving higher engagement for employees across an organization.”
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