Tech Company Financing Transactions
Contextual AI Funding Round
On 6/7/2023, Contextual AI secured $20 million in Seed financing from Bain Capital Ventures, Greycroft Partners and Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
6/7/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Seed
Investors
Proceeds Purpose
Contextual AI ambitiously aims to build the "next generation" of LLMs for the enterprise.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Palo Alto, CA Undisclosed
USA
Palo Alto, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
We are building the next generation of foundation models that provide fully customizable, trustworthy, privacy-aware AI that lets you focus on the work that matters. Contextual AI works on your stack, is secure by default, and lowers the barrier to state-of-the-art generative AI.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Douwe Kiela
Chief Technical Officer
Amanpreet Singh
Browse more venture capital transactions:
Prev: 6/7/2023: Togather venture capital transaction
Next: 6/7/2023: CleanCapital venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs