Adaptive ML, a Paris, and New York-based startup enabling companies to perpetually improve their generative AI models based on users’ interactions has raised $20 million in seed funding.
SaaS Investors
The round was led by Index Ventures, with participation from ICONIQ Capital, Motier Ventures, Databricks Ventures, IRIS, HuggingFund by Factorial, and many prominent angel investors joined the round.
Index Ventures is a venture capital firm based in London, San Francisco, and Geneva, helping entrepreneurs turn bold ideas into global businesses. Founded in 1996, the firm seeks to invest in companies operating in artificial intelligence, machine learning, business applications, data, entertainment, fintech, the future of work, healthcare, media, mobility, open source, retail, security, and talent sectors.
Adaptive ML Ue of Funds
The company will use the funding to continue to invest in research and product development, and rapidly grow the team in Paris and New York.
About Adaptive ML
Founded in 2023 by Baptiste Pannier, Julien Launay, and Daniel Hesslow, Adaptive ML is a company that provides a Gen artificial intelligence platform designed to build solutions to help clients build more accurate and efficient specialized AI models. The company uses company data, as well as user interactions and feedback, and offers machine learning models that help to gain feedback. Its vision is to empower enterprises everywhere to leverage the benefits of ever-learning generative models and deliver intuitive experiences to lift key business metrics.
Funding Details
Company: Adaptive ML, Inc.
Raised: $20.0M
Round: Seed Round
Funding Month: March 2024
Lead Investors: Index Ventures
Additional Investors: ICONIQ Capital, Motier Ventures, Databricks Ventures, IRIS, HuggingFund by Factorial
Company Website: https://www.adaptive-ml.com/
Software Category: Gen AI Platform
Source: https://www.businesswire.com/news/home/20240312461522/en/