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Alyce Secures $11.5M To Grow Direct Mail Platform

Source: Alyce Source: Alyce

Alyce, an AI-powered direct mail platform, raised $11.5 million in Series A funding. The round was led by Manifest, with additional participation from General Catalyst, Boston Seed Capital, Golden Ventures, Morningside and Victress Capital.

The company said the funding will be used to expand its AI capabilities and further company growth. In addition, Alyce plans to add 50 new hires to its Boston headquarters, as well as 50 international hires within the next year.

As part of the funding, Paul Falzone, Managing Partner at Manifest, will join Alyce’s Board of Directors.