Edsoma, a startup that developed an AI-powered reading, education and communication platform for children, raised $2.5 million in a seed round led by Shaquille O’Neal. The trick? Founder and CEO Kyle Wallgren didn’t ask the NBA superstar and philanthropist for money.
“He didn’t ask me for money; what he asked was actually ‘I would like you to help me get this out,’” O’Neal said moments after stepping off stage at TechCrunch Disrupt 2023.
Edsoma raised the $2.5 million from more than a dozen individual investors — or family and friends as Wallgren put it — with a post-funding valuation of $14 …
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