Gradient Announces $10M in Seed Funding Round to Advance LLM Application Development
Summary
BURLINGAME, Calif., Oct. 6, 2023 Gradient, an API platform for AI developers, announced it has raised $10 million in seed funding led by Wing VC, with participation from Mango Capital and Tokyo Black. The round also included participation from The New Normal Fund, Secure Octane, and Global Founders Capital as well as dozens of leading AI & data practitioners from companies including Snowflake, Netflix, SAP, Figma, Airtable, Pinterest, Motive, and Openstore. Enterprises also have the option of paying for dedicated deployments.Building a custom, production-ready AI application typically requires a team of data engineers, machine learning experts, and data scientists a huge amount of infrastructure investment but thats all set to change, said Chris Zeoli, Partner at Wing VC. Rapid LLM creation: Gradients developer platform makes it exceptionally easy for users to tune hundreds of LLMs and embed models to solve complex use cases. This enables any company to quickly proliferate its AI augmented workforce and maintain competitive advantage.Application developers, product teams, and ML engineers at companies spanning healthcare, financial services, marketing, media, and entertainment have used Gradient to develop and deploy generative AI applications that address diverse business needs.Working with Gradient has really changed the way we think about harnessing AI, said Leo Pekelis, Head of Data at Cloudtrucks.Gradient has been publicly available for enterprise and self-service developer access.