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PETE

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uuid000284g

Namestring
PETE
Legal namestring
PETE Inc.
Websiteurl
pete.com
Company typeenum
Private
Founded yearint
2023
Descriptiontext

PETE is an AI-powered workforce training platform founded in June 2023 in Orlando, Florida by Luis Garcia (Co-Founder and CEO) and Jacques Fu (Co-Founder and CTO). The company targets organizations with large frontline workforces in healthcare, retail, hospitality, construction, and professional services, as well as sports organizations, where it aims to convert institutional knowledge into structured training, simulation-based practice, and on-the-job performance support. PETE's product architecture is organized around three functional pillars — TRAIN (AI-powered course creation from uploaded SOPs, documents, and transcripts), PRACTICE (AI video avatars and conversational role-play simulations), and PERFORM (real-time knowledge retrieval) — delivered through a Virtual Academy LMS with white-label branding, certification tracking, and a dedicated Success Manager.

The platform is powered by PETE's proprietary, patent-pending "Cognition" technology, which automates the instructional design process end-to-end across text, image, video, and audio modalities, including voice cloning (AI VoiceProfiles) and AI-driven avatar simulations. Additional modules include Skills Simulations for conversational role-play, File Imports for ingesting existing content, Certificate of Completion, and a Branded Academy. In February 2025, PETE acquired PlutoLMS, a Cape Town-based global corporate LMS, which was rebranded to PETE LMS in December 2025, extending the company's reach into Europe, South Africa, Asia Pacific, and Australia and adding a distributed team across multiple continents.

PETE monetizes via annual SaaS subscriptions billed monthly with unlimited courses and learners, a model that scales by account rather than per-seat. The go-to-market motion is enterprise-direct with "Request a demo" CTAs and field sales targeting mid-market and enterprise buyers. The company has raised approximately $2.35 million in disclosed funding (a $2M seed led by Cofounders Capital in April 2024, an undisclosed BlueWave Investment Partners round in October 2024, and $350K of an $750K SEC-exempt offering filed August 2025), and serves 50+ client organizations including Orlando City SC, Orlando Pride, Kia Center, and Falcon Farms, reaching 100,000+ learners in aggregate.

Short descriptiontext

PETE is an AI-powered workforce training platform that converts company knowledge into training, practice simulations, and on-the-job support for frontline-heavy industries. It serves 50+ enterprise and mid-market organizations across healthcare, retail, hospitality, construction, and sports.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersOrlando, United States
HQ citystring
Orlando
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
AI workforce training, learning management system, AI course authoring, skills simulation training, frontline employee learning
Industry5 codes
1Digital Labs, Simulations & Virtual Practicals (Non-XR)
CodeEDAFACAFPrimaryYes
2Game-Based CS & Computational Thinking Platforms
CodeEDAFANADPrimaryNo
3Simulation-Based Learning & Virtual Labs
CodeEDAGAEAGPrimaryNo
4Disability Employment & Vocational Rehabilitation (VR) Programs
CodeEDAAAOAIPrimaryNo
5STEM & Lab Simulation Media (Virtual Labs, AR/VR)
CodeEDAGALAFPrimaryNo
NAICS code3 codes
  • Computer Training611420
  • Computer Training61142
  • Custom Computer Programming Services541511
SIC code2 codes
  • Services-Computer Programming Services7371
  • Services-Computer Integrated Systems Design7373
Product category
AI-Powered Workforce Training / Learning Management Software
Revenue model1 record
1SaaS Subscription
TypeSubscription Recurring
Description

Subscription-based SaaS revenue model with annual subscriptions billed monthly, including dedicated Success Manager and unlimited courses/learners

Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Standard SaaS tier with unlimited access
ModelSubscriptionBilling cadenceMonthly
Notes

Annual subscription billed monthly; dedicated Success Manager included; unlimited courses and learners included

GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

PETE is an AI-powered workforce training platform that converts a company's existing knowledge (SOPs, documents, videos, transcripts) into interactive training courses, AI-powered simulations, and on-the-job performance support for frontline employees. The platform is delivered through a Virtual Academy LMS and powered by a proprietary patent-pending AI called Cognition, which automates course authoring, conversational role-play simulations, voice cloning, and real-time knowledge retrieval. Customers subscribe annually (billed monthly) and receive unlimited courses and learners plus a dedicated Success Manager.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

PETE is an AI-powered workforce training platform built as a unified platform-plus-modules architecture. The core platform combines three main functions—TRAIN (AI-powered course creation), PRACTICE (AI video avatars and conversational simulations), and PERFORM (real-time knowledge support)—delivered through the Virtual Academy LMS. The platform is powered by the proprietary Cognition AI technology. Key modules include the AI Course Builder for automated content creation, Skills Simulations for role-play practice, AI VoiceProfiles for voice cloning, Certificate of Completion for automated certification, Branded Academy for white-labeling, and File Imports for uploading existing content. Following the acquisition of PlutoLMS in February 2025 and subsequent rebrand to PETE LMS in December 2025, the product portfolio now also includes PETE LMS as an acquired brand providing expanded LMS capabilities with gamification and custom branding features.

Product and service4 records
1AI Course Builder
CategoryAI Course Authoring
Description

AI-powered course creation tool that builds expert-level training content in minutes from descriptions, objectives, and uploaded knowledge artifacts (SOPs, documents, videos, transcripts), producing lessons with text, image, audio, and video content, knowledge assessments, and completion tracking. Targeted at enterprise L&D teams.

2Virtual Academy
CategoryLearning Management System
Description

All-in-one Learning Management System (LMS) that allows organizations to host, manage, and distribute training content in their own branded virtual academy with a centralized resource hub, customizable branding, certification tracking, and file imports.

3Skills Simulations
CategoryAI Simulation Training
Description

AI-powered role-play simulation engine where learners practice by speaking naturally in conversational scenarios, receiving real-time feedback to build confidence in customer service, sales, or leadership skills. Targeted at enterprises training customer-facing and high-stakes-interaction employees.

4PETE LMS (formerly PlutoLMS)
CategoryLearning Management System
Description

Global corporate Learning Management System acquired from Cape Town, South Africa, providing scalable training solutions with custom branding, flexible learning paths, gamification, and analytics; serves as PETE's international LMS product across Europe, South Africa, Asia Pacific, and Australia.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-02-01
Description

Acquired in February 2025, based in Cape Town, South Africa. PlutoLMS is a learning management system company that expands PETE's technology capabilities and international presence.

Strategic tierNotableTypeStrategic or Co-development Partner
Description

Partnership for workforce learning initiatives. Professional sports organizations using PETE's platform for training their workforce.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Sana is an AI-native learning and knowledge platform for enterprises that automates course creation, surfaces internal knowledge, and delivers role-play simulations. Directly comparable to PETE on AI course generation, conversational simulations, and frontline workforce enablement.

TypeDirect peer
Description

Docebo is an AI-powered enterprise LMS with course authoring, learning automation, and a content marketplace. Competes with PETE on AI-driven course creation and SaaS delivery to enterprise training buyers.

TypeDirect peer
Description

360Learning is a collaborative learning platform with AI-assisted course authoring and skill-based learning paths. Closely comparable to PETE on rapid course creation from internal experts and frontline team enablement.

TypeDirect peer
Description

LearnUpon is a cloud LMS focused on training delivery for mid-market and enterprise customers with branded academies. Overlaps with PETE's Virtual Academy / Branded Academy capabilities and subscription pricing model.

TypeDirect peer
Description

Degreed is a workforce upskilling and learning experience platform with AI-driven skill insights and content aggregation. Comparable to PETE in targeting enterprise frontline worker development and measurable performance improvement.

TypeDirect peer
Description

TalentLMS is a cloud-based LMS with course creation, assessments, and gamification aimed at small and mid-market customers. Comparable SaaS-based learning platform serving training administrators similar to PETE's customer base.

TypeBroad incumbent
Description

Workday Learning is an LMS module embedded in Workday's HCM suite, used by large enterprises for compliance and onboarding training. Competes with PETE for enterprise training budgets but lacks AI-native frontline-specific features.

TypeBroad incumbent
Description

Cornerstone OnDemand is an established enterprise talent and learning management platform with content, compliance and skill development modules. A broad incumbent competing for the same training buyer as PETE.

TypeBroad incumbent
Description

Skillsoft is a large corporate digital learning company offering content libraries, leadership development, and compliance training. An incumbent in the same enterprise learning category as PETE, with a much broader but less AI-native portfolio.

TypeEmerging player
Description

Synthesia provides AI video avatar generation used for corporate training, communications, and simulations. Comparable to PETE's AI VoiceProfiles and avatar-based Skills Simulations for soft-skills practice.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability9 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

PETE

AI-Powered Workforce Training / Learning Management Softwarepete.com

PETE is an AI-powered workforce training platform that converts company knowledge into training, practice simulations, and on-the-job support for frontline-heavy industries. It serves 50+ enterprise and mid-market organizations across healthcare, retail, hospitality, construction, and sports.

What PETE does

PETE is an AI-powered workforce training platform founded in June 2023 in Orlando, Florida by Luis Garcia (Co-Founder and CEO) and Jacques Fu (Co-Founder and CTO). The company targets organizations with large frontline workforces in healthcare, retail, hospitality, construction, and professional services, as well as sports organizations, where it aims to convert institutional knowledge into structured training, simulation-based practice, and on-the-job performance support. PETE's product architecture is organized around three functional pillars — TRAIN (AI-powered course creation from uploaded SOPs, documents, and transcripts), PRACTICE (AI video avatars and conversational role-play simulations), and PERFORM (real-time knowledge retrieval) — delivered through a Virtual Academy LMS with white-label branding, certification tracking, and a dedicated Success Manager.

The platform is powered by PETE's proprietary, patent-pending "Cognition" technology, which automates the instructional design process end-to-end across text, image, video, and audio modalities, including voice cloning (AI VoiceProfiles) and AI-driven avatar simulations. Additional modules include Skills Simulations for conversational role-play, File Imports for ingesting existing content, Certificate of Completion, and a Branded Academy. In February 2025, PETE acquired PlutoLMS, a Cape Town-based global corporate LMS, which was rebranded to PETE LMS in December 2025, extending the company's reach into Europe, South Africa, Asia Pacific, and Australia and adding a distributed team across multiple continents.

PETE monetizes via annual SaaS subscriptions billed monthly with unlimited courses and learners, a model that scales by account rather than per-seat. The go-to-market motion is enterprise-direct with "Request a demo" CTAs and field sales targeting mid-market and enterprise buyers. The company has raised approximately $2.35 million in disclosed funding (a $2M seed led by Cofounders Capital in April 2024, an undisclosed BlueWave Investment Partners round in October 2024, and $350K of an $750K SEC-exempt offering filed August 2025), and serves 50+ client organizations including Orlando City SC, Orlando Pride, Kia Center, and Falcon Farms, reaching 100,000+ learners in aggregate.

PETE firmographics

Firmographics
Name
PETE
Legal name
PETE Inc.
Website
https://pete.com
Company type
Private
Founded year
2023
Operating status
Operating
Headcount range
1–10 employees
Short description
PETE is an AI-powered workforce training platform that converts company knowledge into training, practice simulations, and on-the-job support for frontline-heavy industries. It serves 50+ enterprise and mid-market organizations across healthcare, retail, hospitality, construction, and sports.
Ownership category
akta.pro rank

PETE industry classification

Industry
Product category
AI-Powered Workforce Training / Learning Management Software
NAICS
Computer Training (611420), Computer Training (61142), Custom Computer Programming Services (541511)
SIC
Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
akta.pro primary industry
Digital Labs, Simulations & Virtual Practicals (Non-XR) (EDAFACAF)
akta.pro secondary industries
Game-Based CS & Computational Thinking Platforms (EDAFANAD), Simulation-Based Learning & Virtual Labs (EDAGAEAG), Disability Employment & Vocational Rehabilitation (VR) Programs (EDAAAOAI), STEM & Lab Simulation Media (Virtual Labs, AR/VR) (EDAGALAF)

Keywords

  • AI workforce training
  • Learning management system
  • AI course authoring
  • Skills simulation training
  • Frontline employee learning

Where PETE is headquartered

Location

Headquarters

HQ city
Orlando
HQ country
United States
HQ region
North America

Offices2 records

Markets served

PETE business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. SaaS Subscription: Subscription-based SaaS revenue model with annual subscriptions billed monthly, including dedicated Success Manager and unlimited courses/learners

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyStandard SaaS tier with unlimited access

Distribution channels1 record

Marketing channels5 records

PETE product offering

Product offering

Core offering

PETE is an AI-powered workforce training platform that converts a company's existing knowledge (SOPs, documents, videos, transcripts) into interactive training courses, AI-powered simulations, and on-the-job performance support for frontline employees. The platform is delivered through a Virtual Academy LMS and powered by a proprietary patent-pending AI called Cognition, which automates course authoring, conversational role-play simulations, voice cloning, and real-time knowledge retrieval. Customers subscribe annually (billed monthly) and receive unlimited courses and learners plus a dedicated Success Manager.

Product overview

PETE is an AI-powered workforce training platform built as a unified platform-plus-modules architecture. The core platform combines three main functions—TRAIN (AI-powered course creation), PRACTICE (AI video avatars and conversational simulations), and PERFORM (real-time knowledge support)—delivered through the Virtual Academy LMS. The platform is powered by the proprietary Cognition AI technology. Key modules include the AI Course Builder for automated content creation, Skills Simulations for role-play practice, AI VoiceProfiles for voice cloning, Certificate of Completion for automated certification, Branded Academy for white-labeling, and File Imports for uploading existing content. Following the acquisition of PlutoLMS in February 2025 and subsequent rebrand to PETE LMS in December 2025, the product portfolio now also includes PETE LMS as an acquired brand providing expanded LMS capabilities with gamification and custom branding features.

Differentiator

Problem solved

Functional benefit

Products and services

  • AI Course Builder AI-powered course creation tool that builds expert-level training content in minutes from descriptions, objectives, and uploaded knowledge artifacts (SOPs, documents, videos, transcripts), producing lessons with text, image, audio, and video content, knowledge assessments, and completion tracking. Targeted at enterprise L&D teams.
  • Virtual Academy All-in-one Learning Management System (LMS) that allows organizations to host, manage, and distribute training content in their own branded virtual academy with a centralized resource hub, customizable branding, certification tracking, and file imports.
  • Skills Simulations AI-powered role-play simulation engine where learners practice by speaking naturally in conversational scenarios, receiving real-time feedback to build confidence in customer service, sales, or leadership skills. Targeted at enterprises training customer-facing and high-stakes-interaction employees.
  • PETE LMS (formerly PlutoLMS) Global corporate Learning Management System acquired from Cape Town, South Africa, providing scalable training solutions with custom branding, flexible learning paths, gamification, and analytics; serves as PETE's international LMS product across Europe, South Africa, Asia Pacific, and Australia.

Companies that use PETE

Customer profile

Named customers3 records

Segments2 records

Ideal customer profiles1 record

PETE technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature4 records

PETE partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and notable.

  • PlutoLMScoreStrategic or Co-development Partner · 1 February 2025Acquired in February 2025, based in Cape Town, South Africa. PlutoLMS is a learning management system company that expands PETE's technology capabilities and international presence.
  • Orlando City SC and Orlando PridenotableStrategic or Co-development PartnerPartnership for workforce learning initiatives. Professional sports organizations using PETE's platform for training their workforce.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

PETE competitors and assessment

Company assessment

Direct peers

  • Sana Labs: Sana is an AI-native learning and knowledge platform for enterprises that automates course creation, surfaces internal knowledge, and delivers role-play simulations. Directly comparable to PETE on AI course generation, conversational simulations, and frontline workforce enablement.
  • Docebo: Docebo is an AI-powered enterprise LMS with course authoring, learning automation, and a content marketplace. Competes with PETE on AI-driven course creation and SaaS delivery to enterprise training buyers.
  • 360Learning: 360Learning is a collaborative learning platform with AI-assisted course authoring and skill-based learning paths. Closely comparable to PETE on rapid course creation from internal experts and frontline team enablement.
  • LearnUpon: LearnUpon is a cloud LMS focused on training delivery for mid-market and enterprise customers with branded academies. Overlaps with PETE's Virtual Academy / Branded Academy capabilities and subscription pricing model.
  • Degreed: Degreed is a workforce upskilling and learning experience platform with AI-driven skill insights and content aggregation. Comparable to PETE in targeting enterprise frontline worker development and measurable performance improvement.
  • TalentLMS: TalentLMS is a cloud-based LMS with course creation, assessments, and gamification aimed at small and mid-market customers. Comparable SaaS-based learning platform serving training administrators similar to PETE's customer base.

Broad incumbents

  • Workday Learning: Workday Learning is an LMS module embedded in Workday's HCM suite, used by large enterprises for compliance and onboarding training. Competes with PETE for enterprise training budgets but lacks AI-native frontline-specific features.
  • Cornerstone OnDemand: Cornerstone OnDemand is an established enterprise talent and learning management platform with content, compliance and skill development modules. A broad incumbent competing for the same training buyer as PETE.
  • Skillsoft: Skillsoft is a large corporate digital learning company offering content libraries, leadership development, and compliance training. An incumbent in the same enterprise learning category as PETE, with a much broader but less AI-native portfolio.

Emerging players

  • Synthesia: Synthesia provides AI video avatar generation used for corporate training, communications, and simulations. Comparable to PETE's AI VoiceProfiles and avatar-based Skills Simulations for soft-skills practice.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

PETE social profiles

Digital presence

PETE financial estimates

Financial estimate

Revenue estimate

Valuation estimate

PETE leadership team

Management profile

Number of profiles

Profiles3 records

PETE subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

PETE funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

PETE M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PETE

What does PETE do?

PETE is an AI-powered workforce training platform that converts a company's existing knowledge (SOPs, documents, videos, transcripts) into interactive training courses, AI-powered simulations, and on-the-job performance support for frontline employees. The platform is delivered through a Virtual Academy LMS and powered by a proprietary patent-pending AI called Cognition, which automates course authoring, conversational role-play simulations, voice cloning, and real-time knowledge retrieval. Customers subscribe annually (billed monthly) and receive unlimited courses and learners plus a dedicated Success Manager.

Is PETE a public or private company?

PETE is a private company. It is classified as venture growth investor backed and is currently operating.

When was PETE founded?

PETE was founded in 2023. It employs 1 to 10 people.

Where is PETE based?

PETE is headquartered in Orlando, United States, in the North America region.

How does PETE make money?

One revenue line is on record: saaS Subscription.

Who are PETE's main competitors?

Direct peers on record are Sana Labs, Docebo, 360Learning, LearnUpon, Degreed and TalentLMS. Broad incumbents are Workday Learning, Cornerstone OnDemand and Skillsoft. Synthesia is listed as an emerging player.

Does PETE have an API?

No public API is recorded for PETE.

What industry is PETE in?

PETE's product category is AI-Powered Workforce Training / Learning Management Software. Its primary akta.pro industry code is EDAFACAF, Digital Labs, Simulations & Virtual Practicals (Non-XR), with a secondary code of EDAFANAD, Game-Based CS & Computational Thinking Platforms. Its NAICS code is 611420 and its SIC code is 7371.

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Live signals
The Times of IndiaPete Davidson: 5-month-old baby, $500,000 lawsuit, a condo sold at a loss: Pete Davidson's worst month ever after Elsie Hewitt split - The Economic TimesPete Davidson and Elsie Hewitt reportedly ended their relationship five months after welcoming a daughter, due to tensions caused by parenting pressures and Davidson's busy work schedule. Legal experts estimate Davidson could face significant child support payments if custody issues escalate, with potential annual obligations around $510,000.HindustantimesPete Hegseth says US ‘not concerned’ over claims of Russia supplying Iran with intelligenceUnited States Secretary of War Pete Hegseth stated that Washington is not concerned about reports of Russia supplying Iran with intelligence on US troop movements. He emphasized the US's surveillance capabilities and asserted that the US is fully aware of the situation, with potential threats being mitigated. The article also discusses possible foreign support to Iran from China and growing Russian-Iranian military cooperation.FinSMEsPETE Raises Receives Investment from BlueWave Investment PartnersPETE, an Orlando-based edtech startup, received an investment from BlueWave Investment Partners to support its expansion and development efforts. The amount of the deal was not disclosed. PETE specializes in AI-driven learning platforms aimed at enhancing training solutions across various sectors.PR NewswireThe City of Orlando Partners With AI Startup PETE To Scale Workforce Learning Of Kia Center and Camping World StadiumOrlando-based AI Edtech startup PETE has partnered with Orlando Venues, the management arm for key venues including Kia Center and Camping World Stadium, to implement its AI technology for workforce training. The collaboration aims to modernize onboarding, customer service, and security training programs for Orlando Venues' staff, following similar partnerships with local sports teams. PETE aims to expand its presence in Orlando's sports and entertainment sector through this strategic alliance.SecSEC FORM DPete Inc., a Delaware corporation based in Orlando, Florida, filed a Form D with the Securities and Exchange Commission to announce an exempt offering of equity securities. The company reported total offering proceeds of $1,600,000 USD under Rule 506(b), with $1,250,000 USD already sold to one investor as of May 2024.EdTechReviewOrlando-Based AI EdTech Startup PETE Raises $2M in Seed FundingOrlando-based AI EdTech startup PETE has secured $2 million in seed funding led by Cofounders Capital, with additional contributions from local angel investors. The company, founded in June 2023, provides customizable AI-powered learning platforms for workforce training and plans to use the capital to expand sales efforts and develop its proprietary technology.FinSMEsPete Raises $2M in Seed FundingPete, an Orlando-based AI EdTech startup, raised $2 million in Seed funding led by Cofounders Capital with contributions from local angel investors. The funds will be utilized to boost sales efforts, enhance marketing initiatives, and further develop its proprietary AI technology. Founded in 2023, Pete focuses on creating AI-powered courses for various training needs using its Learning Management System.PR NewswireOrlando-Based AI EdTech Startup, PETE, Secures $2 Million in Seed Funding - Led by Cofounders Capital - to Power Next Generation Workforce LearningOrlando-based AI EdTech startup PETE has secured $2 million in seed funding led by Cofounders Capital, with additional contributions from local angel investors. The company intends to utilize this capital to expand its sales efforts and continue developing its proprietary AI technology for workforce learning.VC News DailyPETE Nabs $2M Seed RoundPETE, an Orlando-based AI EdTech startup, has closed a $2 million seed funding round led by Cofounders Capital with participation from local angel investors. The company offers an AI-powered platform for creating and delivering customized workforce learning solutions, spanning onboarding, compliance, and skills training through its proprietary Learning Management System. The capital will support the company's growth in the business learning technology sector.