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Exclusive: HumanX raises $6M for AI conference

Apr 15, 2024
Illustration of multiple name tags that all say "Hello my name is AI."

Illustration: Allie Carl/Axios

HumanX has raised $6.125 million in seed funding to build a large-scale AI conference, along with other related ventures, the founders exclusively tell Axios.

Why it matters: The investment underscores the popularity of in-person events along with the broad business interest in AI.

Context: Co-founder Jonathan Weiner is the founder of HLTH, Shoptalk and Money20/20, large-scale conferences for the healthcare, retail and fintech industries, respectively. He serves as CEO of HLTH. Hyve Group acquired Shoptalk, and Ascential acquired Money20/20.

  • Weiner also is a venture partner at Oak HC/FT, an equity fund focused on health tech and fintech.
  • Co-founder Stefan Weitz was an 18-year veteran of Microsoft who left in 2016 to work at e-commerce logistics company Radial. He also has founded some startups and has served on boards.

How it works: HumanX is launching an annual AI conference that's expected to attract 4,000 people, including industry executives, policymakers and other stakeholders across sectors.

  • The inaugural event will be held from March 10 to 13, 2025 at The Fontainebleau in Las Vegas.
  • HumanX also will operate an advisory business, called AInsight, that will produce industry reports in collaboration with HarrisX and a yet-to-be-determined firm. The first report will release this summer.
  • The company also will launch a nonprofit, the Human X Foundation, to advocate for AI regulation and policies. It will partner with policy and public affairs firm Public Policy Holding Co.

Zoom in: Primary Venture Partners led, and was joined by Foundation Capital, Andreessen Horowitz and FPV Ventures.

  • Weitz tells Axios that they raised to avoid worrying about being breakeven in the first year and to prioritize editorial independence for the programming rather than pay-to-play stages.
  • He says they likely won't raise again. But that could change such as if they decide to expand the advisory arm.
  • The team is made up of 12 people.

What's next: HumanX plans to hire an executive director later this year to run the non-profit.

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