Iterate.ai: Funding, Investors & Team (Oct 2026)
Iterate's platform includes two clouds: Execution and Evaluation. Organizations use Iterate to simplify and speed up the complex, ambiguous innovation process. We enable programmatic innovation. Iterate built a patented low-code platform(Interplay) with 475 pre-built connectors (enterprise, AI, IoT, Blockchain etc). It's used as middleware and as a rapid application platform by big companies like Circle K, Ulta Beauty, Driven Brands, Pampered Chef, and others. As a middleware, it operates Pay-by-Plate (frictionless payments at the gas pump) in Europe, Weapons Detection (to predict robberies), AI-based Chat, online personalization for commerce sites, computer vision applications for damage estimation, and much more. It also helps companies do digital prototyping 10X to 17X faster than old ways. We're growing pretty fast without funding support, marketing, or sales efforts. See Demos and Use Cases at: https://interplay.iterate.ai/
Iterate.ai has raised $7.5M across 2 funding rounds on record, the most recent an undisclosed round of $6.4M announced in Jun 2025.
That round is in line with the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Iterate.ai Company Profile and Key Stats
Latest funding round on record: Jun 2025.
Iterate.ai Funding Rounds
Iterate.ai raised $1.1M in an undisclosed round announced in Sep 2023.
1.8 years later, an undisclosed round of $6.4M was announced in Jun 2025.
Iterate.ai Founders and Leadership Team
Contact details for the Iterate.ai team: 1 of 1 has an email address on file.
Start 14-day free trial →Iterate.ai Funding Compared to Other Artificial Intelligence Startups
Iterate.ai's latest round of $6.4M is in line with the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Iterate.ai Funding FAQs
What does Iterate.ai do?
Iterate's platform includes two clouds: Execution and Evaluation. Organizations use Iterate to simplify and speed up the complex, ambiguous innovation process. We enable programmatic innovation. Iterate built a patented low-code platform(Interplay) with 475 pre-built connectors (enterprise, AI, IoT, Blockchain etc). It's used as middleware and as a rapid application platform by big companies like Circle K, Ulta Beauty, Driven Brands, Pampered Chef, and others. As a middleware, it operates Pay-by-Plate (frictionless payments at the gas pump) in Europe, Weapons Detection (to predict robberies), AI-based Chat, online personalization for commerce sites, computer vision applications for damage estimation, and much more. It also helps companies do digital prototyping 10X to 17X faster than old ways. We're growing pretty fast without funding support, marketing, or sales efforts. See Demos and Use Cases at: https://interplay.iterate.ai/
How much funding has Iterate.ai raised?
Iterate.ai has raised $7.5M across 2 rounds on record. The most recent is an undisclosed round of $6.4M announced in Jun 2025.
When did Iterate.ai last raise funding?
Iterate.ai's most recent funding round on record is an undisclosed round of $6.4M, announced in Jun 2025.
Who founded Iterate.ai?
FundedIQ lists Jon Nordmark (Founder) at Iterate.ai.
Where is Iterate.ai headquartered?
Iterate.ai is based in San Jose, California, United States.
How many employees does Iterate.ai have?
Iterate.ai is in the 51-100 employee band.
How does Iterate.ai's funding compare to other Artificial Intelligence startups?
Iterate.ai's latest round of $6.4M is in line with the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,243 tracked companies over the last two years.
About FundedIQ's Iterate.ai Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Iterate.ai is left off this page rather than filled in.
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