After the exit: Yasmin Lukatz and Michael Dell in a multi-million dollar investment in June AI
The team that sold a company for $50 million is exiting stealth with a $20 million funding round led by the founder of Salesforce, Michael Dell, and George Kurtz, to solve the challenge of AI integration in corporate systems.
While most of the attention surrounding the artificial intelligence revolution is directed toward developing new models and advanced AI capabilities, the Israeli startup June AI believes that the next major barrier is not the technology itself, but the ability of organizations to integrate it into existing systems and derive business value from it. As models become more advanced, the challenge of adoption and implementation becomes more complex and significant.
Today, Tuesday, the company announces its exit from stealth mode with a $20 million Pre-Seed round led by Mark Benioff's Time Ventures — founder, chairman, and CEO of Salesforce, with the participation of Michael Dell — founder and CEO of Dell Technologies, George Kurtz — founder and CEO of CrowdStrike, Yasmin Lukatz, and other funds and investors.
June AI was founded a few months ago by Efrat Rapaport (CEO), Idan Tsitiat (CTO), Barak Goldstein (President), and Ohad Chen (Chief Architect) — the founding team of Bonobo AI, which was sold to Salesforce in 2019 for approximately $50 million, according to reports.
Following the acquisition, the four continued to work together at Salesforce for about five years, during which time Rapaport served as CEO of the R&D center in Israel. Together, they led the development of enterprise AI solutions and were exposed up close to a challenge that recurred in almost every project: organizations invested in advanced technologies but struggled to integrate them into existing systems and derive long-term business value from them. From this insight, June AI was born.
Large organizations manage their operations using dozens of systems — from HCM, ERP, and CRM systems to other dedicated platforms — with a single business process often crossing several of them. While most AI solutions focus on only one system, the June AI platform maps the business process from end to end, understands how the systems work together, and enables the continuous implementation of AI solutions, while automatically adapting to changes in the organization and maintaining ROI over time.
According to Grand View Research data, the global system integration services market is expected to reach $1.3 trillion by 2033. Additionally, for every dollar a company invests in enterprise software, it spends on average between four and 12 dollars more on implementation, maintenance, and adjustments.
The company explains that as more organizations adopt AI, the need for professional implementation actually grows. Even tech giants including OpenAI, Anthropic, Microsoft, and AWS have established dedicated FDE teams in recent months whose role is to assist clients in implementing AI solutions within the organization; this is evidence that the central challenge is no longer developing the model, but its practical application.
"Paradoxically, artificial intelligence has created more demand for implementation services, not less," says Efrat Rapaport, CEO of June AI. "Organizations are no longer asking whether to use AI, but how to make it work within complex systems that have existed for years. They are investing billions in new models, but are forced to deal with outdated processes, scattered data, and a huge technical debt. This is exactly the problem we are solving. June not only recommends what needs to be done, but also performs the implementation, ensures it continues to work over time, and continuously adapts it to changes in the organization."
June AI is already working with partners and clients around the world, employs about 20 people, most of them in Israel, and plans to expand its global operations during the coming year.
