Angel Kids AI bags $1.1 million in seed round extension and makes advisory board appointments
Angel Kids AI, an AI powered browser designed to provide children with a safe and age appropriate internet experience, has raised an additional $1.1 million of funding in an extended seed round.
The new contributions from three investors – Magnify Ventures, City Light, and Atland Ventures – bring Angel Kids AI's total amount raised to $5.85 million. The additional cash will be used to accelerate its investments in hiring, product development, and marketing initiatives.
"Many of the tech devices we use today have, unfortunately, created division within families. However, we believe that when designed with compassion, technology actually has the potential to bring families closer together and support collaborative learning and relationships," says Joanna Drake, Co-founder and Managing Partner at Magnify Ventures.
“As an AI tool making the internet a safer place for children, Angel Kids AI is absolutely a company designing tech for good. That's one reason why we were so thrilled to invest."
Lane Versteeg, Director & VP of Recruitment at Atland Ventures, says: "As a team of undergraduate college students, we passionate about the work that Angel Kids AI is doing on a personal level. Predatory social media algorithms have significantly impacted the mental health of our generation, and we are proud to stand by Angel Kids AI as they transform the relationship between young people and technology."
Angel Kids AI has also brought on an advisory board to help with further iterations of the platform. These include:
Dr. Alok Kanojia: A Harvard-trained psychiatrist specialising in mental health for the digital generation and author of the book "How to Raise a Healthy Gamer"; he is the President and Co-founder of Healthy Gamer, a mental health platform that provides content, expert wellness coaching, and community for young people.
Stephen Youngwood: A global senior executive with 25+ years of experience working to grow and launch businesses at the intersection of media, content, education, and technology – most recently as the former CEO of Sesame Workshop, the global educational media organisation behind Sesame Street. Youngwood has also worked with leading children's and educational organisations as a senior executive or board member such as Nickelodeon/Viacom, Disney Education Publishing, Leapfrog Enterprises, Learning Resources and Begin Learning.
Dr. Elizabeth Milovidov: A lawyer, law professor, and former Digital Safety Consultant with 20+ years of experience advising international organisations on digital safety and public policy. She has provided executive support to global corporations and nonprofits setting their digital safety policies.
Chris McKenna: The Founder of Protect Young Eyes, an organisation that helps families, schools, and churches create safer digital environments. He has led over 1,700 presentations across the country and has been called to testify before Congress on child protection laws.
“We are in the midst of an incredibly exciting period of growth," says Tim Estes, Angel Kids AI CEO and Founder.
"We've put together a uniquely qualified and experienced group of investors and advisors to come alongside us in building the company that will fundamentally change the way kids experience the internet for good."
