Tech Company Financing Transactions
LastMile AI Funding Round
LastMile AI secured a $10 million Seed funding round on 9/14/2023. Investors included Gradient Ventures, 10x Founders and AME Cloud Ventures.
Transaction Overview
Company Name
Announced On
9/14/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Gradient Ventures (Lead Investor)
Vercel (Guillermo Rauch)
Proceeds Purpose
We plan to democratize generative AI by streamlining the tooling and disparate workflows and simplifying the need for deep technical expertise.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Our story begins at Meta AI. We were the engineering and product team who built the core development platform for machine learning at Meta. We've dealt with the challenges of model management, ML monitoring & explainability, concept drift, data lineage, and much more. These experiences exposed us to the 'last mile' issues that often hinder AI's accessibility and readiness for production. We believe the future of generative AI extends beyond ML practitioners, and that it will be software engineers driving AI innovation across verticals and industries. This is why we are building LastMile AI, a company focused on making AI accessible and production-ready for software engineers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sarmad Qadri
Chief Technical Officer
Suyog Sonwalkar
Co-Founder
Andrew Hoh
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