Hatz AI Secures $24M to Empower Small Businesses with AI Tools

Investment to Bridge the AI Gap

Large corporations have rapidly adopted artificial intelligence (AI), leaving small businesses struggling to keep pace.

In a move to address this discrepancy, Hatz AI Inc. has secured $24 million in funding aimed at providing managed services providers (MSPs) with the necessary tools to simplify AI deployment for smaller enterprises.

Funding Details and Vision

The Series A funding round, spearheaded by Nadia Partners and supported by Vestigo Ventures and The Private Shares Fund, will enable Hatz AI to expand its MSP network across all 50 states in the U.S., nine provinces in Canada, and nine additional countries.

According to Co-founder and CEO Jimmy Hatzell, small and medium-sized businesses form the backbone of the global economy. He expressed concern that many of these businesses risk being left behind in the accelerating AI landscape.

Empowering Small Businesses Through MSPs

Many small businesses lack the in-house expertise necessary to effectively implement AI solutions, facing challenges like high costs and cybersecurity risks. Hatzell advocates for these businesses to partner with MSPs, which already handle essential IT services including cloud management and operational security.

“AI transformation is crucial for small businesses, but technology alone can’t make them AI-native,” Hatzell stated. “They need trusted partners to guide them.”

To support MSPs in delivering AI, Hatz AI has developed a comprehensive AI operating system designed specifically for these providers. This system functions as a multitenant AI control framework, complete with governance measures, cost tracking, and automated connections to leading AI models.

Customizable Solutions for Real-World Needs

Instead of fragmented AI solutions, Hatz AI offers MSPs access to a centralized suite of customizable AI agents tailored for practical business applications. These applications serve critical functions such as:

• Automating internal ticket handling
• Streamlining operations
• Generating marketing content
• Qualifying sales leads
• Managing financial documentation

Hatzell noted that these services can be deployed simply and securely, empowering MSPs to offer robust AI capabilities to their small business clients.

Strategic Growth and Future Plans

Backing from investors like Josh Schertzer of Nadia Partners highlights the strategic role MSPs play in facilitating AI adoption among smaller firms. Schertzer remarked, “Hatz AI’s focus on empowering MSPs rather than selling directly to end users has created a significant niche in channel-delivered AI.”

Hatz AI’s approach has shown positive results, with the number of active MSP partners tripling in just one year, accompanied by a rapid increase in revenue. The startup has also awarded over 15,000 AI builder certifications globally and expanded its team from 14 to over 60 employees, necessitating the opening of a new office in New York City.

Looking ahead, Hatz AI plans to utilize the latest funds to enhance its proprietary model-routing capabilities and internal software infrastructure while also recruiting additional engineers and AI researchers.