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AI Startup Champion Raises $3.3M to Fuel the Era of Customer-Led Growth

AI Startup Champion Raises $3.3M to Fuel the Era of Customer-Led Growth

September 6, 2024 Craig Etkin

September 03, 2024 08:02 AM Eastern Daylight Time

INDIANAPOLIS–(BUSINESS WIRE)–Champion, the AI-powered customer advocacy platform, today announced the closing of its oversubscribed $3.3 million Seed round led by Flyover Capital, with continued investment from High Alpha and participation from Bread & Butter Ventures and Stage 2 Capital. This investment will fuel Champion’s mission to drive efficient growth for businesses by identifying and activating their hidden customer advocates.

“As more companies look for ways to grow efficiently and scale human connection and authenticity, we believe Champion will fundamentally change the role customer marketing plays in organizations”Post this

Human Connection in an AI-Powered World

“The future of B2B marketing is customer-first,” said Champion CEO Jeff Reekers. “Buyers are tired of generic messages and impersonal tactics. They want to hear from real people who have used the product or service they’re researching. This desire will drive the rise of customer marketing as a core function in every B2B company, and Champion empowers those marketers to deliver results at scale.”

By harnessing the power of happy customers and power users, Champion helps marketing, sales, and success teams build trust and drive measurable growth through referrals, references, and expansion opportunities. Co-founded by industry veterans Reekers, Gianna Scorsone (COO), and Courtney Crispin (CTO) as part of High Alpha’s Venture Studio, Champion’s platform uses AI to enhance, not replace, human interactions.

What’s Ahead

This $3.3 million investment will enable Champion to:

  • Deepen its AI infrastructure to enhance platform capabilities
  • Expand its go-to-market across the enterprise
  • Grow and support the customer marketing community through education and advocacy

“Champion’s rapid market traction underscores the critical need for platforms that can harness the power of customer advocacy to drive growth,” said Patrick Berry, Principal at Flyover Capital. “With a stellar team at the helm, we are confident Champion is poised to lead this market shift.”

“As more companies look for ways to grow efficiently and scale human connection and authenticity, we believe Champion will fundamentally change the role customer marketing plays in organizations,” said Eric Tobias, Partner at High Alpha. “We’ve been thrilled to back Champion from the start, and are excited to continue supporting their mission and talented team.”

About Champion

Champion is an AI-powered customer advocacy platform that helps B2B companies identify, activate, and mobilize their most passionate customers. Leveraging AI, Champion empowers marketers to build authentic relationships with their customers, drive organic growth, and build an efficient expansion engine.

Contacts

Jeff Reekers
jeff.reekers@championhq.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Champion, Indiana, Indianapolis, Venture Capital

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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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