202401 Feb

Sentify raises more than $1.1M in oversubscribed pre-seed round to build the leading analytics platform for LLM products

Summary

Sentify, the platform that enables users to extract actionable insights from large language model (LLM) products, is pleased to announce the completion of an oversubscribed pre-seed funding round, raising just over $1.1 million. The round was led by Episode 1, with Adam Shuaib joining the board, and supported by 500 Emerging Europe, along with a select group of top-tier angel investors.Sentify was founded through the collaborative vision of Alex Marantelos, formerly of Confluent, George Pastakas, previously with Revolut, and Dimi Ilias, ex-Meta. Their motivation lies in addressing a significant challenge and opportunity within the Generative AI field: unlocking actionable insights from the vast text data produced by LLM products and applications. The Sentify platform offers an interactive, real-time interface, transforming idle text data into valuable intelligence, revealing customer behaviours, user intents and action inference, product usage patterns, as well as spotting inefficiencies and inaccuracies in LLM products.The investment will be used to accelerate product development, expand the team, and bring the product to the market,, supporting the companys mission to enable businesses to harness the full potential of their LLM products.The Sentify engine stands out in the market due to its deep-tech Natural Language Processing (NLP) technology and user-friendly interface, intuitive and powerful semantic search capabilities, and data categorisation.The importance of Sentifys solution is underscored by the increasing demand for effective LLM/user monitoring and analytics. We are pleased to be supporting them on this journey and look forward to their public launch in the coming months.Enis Hulli, Partner at 500 Emerging Europe commented: After venturing into numerous LLM-first investments, it became evident that a tool like Sentify was essential.

Source: Ffnews

Funding

$1.1M
Amount
Feb 01 2024
Date
-
Investor
Sentify
Company

Classifications

Companies