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Yurts raises $40 million to be the DoD’s AI Chatbot
Yurts has raised a $40 million Series B led by XYZ Venture Capital to provide the DoD with gen AI.
With such a powerful customer, Van Roo, along with his cofounders former Meta engineer Jason Schnitzer and research scientist Guruprasad Raghavan, has raised a $40 million Series B led by XYZ Venture Capital. In addition to growing up in a military family, Van Roo worked for the RAND Corporation, a nonprofit that does research and analysis for policymakers. At Rand, Van Roo helped research supply chain issues for the military, getting sent to places like Iraq, Afghanistan and Kuwait.
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