What is DeepHow?
Founded in 2018 and headquartered in Detroit, Michigan, DeepHow develops a sophisticated AI-powered learning platform designed to address the critical skills gap in the manufacturing, service, and repair sectors. The platform leverages artificial intelligence to create and deliver expert-led, step-by-step video instructions, enabling faster onboarding and upskilling of technicians and frontline workers. This approach is crucial for industries facing an aging workforce and the need to rapidly train new employees on complex procedures and equipment.
How much funding has DeepHow raised?
DeepHow has raised a total of $9.1M across 2 funding rounds:
Angel/Seed
$120K
Series A
$9M
Angel/Seed (2018): $120K, investors not publicly disclosed
Series A (2021): $9M led by Qualcomm Ventures, Sierra Ventures, Foothill Ventures, and Osage Venture Partners
Key Investors in DeepHow
Qualcomm Ventures
Qualcomm Ventures is the venture capital arm of Qualcomm, typically investing in companies that align with Qualcomm's core technologies and strategic interests, often in areas like mobile, IoT, AI, and connectivity.
Sierra Ventures
Sierra Ventures is a Silicon Valley-based venture capital firm that raises dedicated funds to invest in early-stage technology startups, primarily Seed and Series A, in areas such as enterprise software, infrastructure, data/AI, and frontier tech.
Osage Venture Partners
Osage Venture Partners is a Philadelphia-based venture capital firm that specializes in investing in early-stage B2B software companies, focusing on companies involved in the future of work and education.
What's next for DeepHow?
With its recent major strategic investment, DeepHow is poised for accelerated growth and market expansion. The company's focus on AI-driven knowledge transfer positions it to capitalize on the increasing demand for efficient and effective workforce development solutions in industrial settings. Future endeavors will likely involve further enhancement of its AI capabilities, broadening its industry reach, and strengthening its position as a leader in the future of work, particularly within the skilled trades and complex technical fields. This strategic financing is expected to fuel product innovation and global outreach.
See full DeepHow company page
