Instoried is also pleased to announce that it has signed an agreement with the Global Emerging Markets Group, an alternative investment group with operations in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility of up to $200 million, to be drawn at the option of the Company.
The Series A funding round was led by Pritt Investment Partners and 9 Unicorns, with participation from Mumbai Angels, SOSV, Venture Catalysts Angel Fund, and others.
Instoried is committed to helping the people of the world communicate with empathy through the written word. Utilizing 30 million data points, Instoried’s web-based, AI-powered platform gives content creators the ability to make their copy empathetic, crisp, and more impactful in a collaborative real-time environment. Instoried’s user-friendly, intuitive interface provides instant feedback and can check and correct the usual spelling and grammar suspects, as well as ensure originality through plagiarism detection. Instoried has created the only editor writers will ever need to help deliver copy that better connects with target audiences because it strikes the right tone and conveys the proper emotions.