iTuring.ai Raises $5 Mn in Series A Round Led by Dallas Venture Capital and Mela Ventures
Summary
iTuring.ai raised $5 million in a Series A round led by Dallas Venture Capital and Mela Ventures. The company builds a zero-code enterprise AI/ML platform for BFSI customers that automates model development, deployment, monitoring, and governance. It plans to use the capital to accelerate product development, expand its US team, and scale autonomous AI capabilities. The company also highlighted strategic support from its new investors and existing customer traction across India, South Africa, and the United States.
Funding
Amount
$5.0M
Total raised
Date
July 23, 2025
Announcement date
Investors
Mela Ventures, Dallas Venture Capital
Lead investors
Company
ituring.ai
Funded company
Classifications
industries
Fintech & Banking
applications
Data Management
AskAI Classifications
Labels
AI Platform
MLOps
AutoML
Linked Companies
iTuring
$10M to $25M