June launches with $20M to speed up enterprise software projects
June.ai Technologies Inc., a startup that uses artificial intelligence to modernize enterprise software environments, launched today with $20 million in funding. The pre-seed round was led by Time Ventures with participation from SV Angel, Vesey Ventures and other funds. They were joined by several prominent angel investors. The group included Michael Dell, VMware co-founder Diane […] The post…
June.ai Technologies Inc., an AI-powered startup that aims to modernize enterprise software environments, announced a $20 million pre-seed funding round led by Time Ventures. Other investors in this round included SV Angel, Vesey Ventures, Michael Dell, Diane Greene, and George Kurtz. The company's founders are four former Salesforce executives, who joined the cloud giant in 2019 following its acquisition of their AI startup, Bonobo AI Ltd.
Enterprise software upgrades can be complex and costly, particularly when it comes to implementing AI agents. June addresses these challenges by offering an AI platform that automates certain aspects of software upgrades. The platform identifies opportunities to streamline upgrades by analyzing data from existing applications, such as employee activity in support ticket processing systems.
June also maps out business workflows across multiple applications and supplements data with employee feedback gathered through a chatbot.
Using this data, June's platform can provide insights to inform software development efforts. For instance, if a subsidiary struggles with support ticket processing, engineers could develop an AI help desk agent to automate the task. June can also pinpoint inefficiencies in areas like supply management and cybersecurity. Once engineers decide to streamline a specific process, they can provide June with a natural language description of the update, and the platform will generate the necessary code and conduct tests to ensure its functionality.
June's platform not only automates the software upgrade process but also creates a simulated environment for employees to familiarize themselves with the changes. Additionally, it generates training materials and provides a support tool for employees to seek assistance if needed. The platform also generates return on investment dashboards and identifies potential technical issues that may impact business workflows.
This comprehensive approach could position June as a competitive player in the process mining market, where companies like Celonis SE are already established.
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