PREdict AI secures $1M

CPE News Brief (5.18.2023) – PREdict AI has reportedly raised $1 million in seed funding led by Roya Ventures.

Founded by Parham Aarabi, PREdict AI simulates e-comm sites using AI-generated virtual shoppers.

Aarabi was founding CEO of ModiFace which was acquired by L’Oreal. Toronto based Roya Ventures was a backer of ModiFace.

photo credit: PREdict AI, Roya Ventures