AI Squared, the low-code AI integration platform, today announced it has raised $6 million in Seed financing by global venture capital firm NEA with participation from Ridgeline Partners.
The company has launched a cutting-edge, artificial intelligence (AI) platform designed to enable rapid machine learning (ML) model adaptation across today's most critical business web applications at scale for enterprise companies.
The new capital will help drive technology innovation, employment hiring, new product development, and expansion within their identified beachhead market.
Company: AI Squared, Inc.
Raised: $6.0M
Round: Seed Round
Funding Month: June 2022
Lead Investors: NEA
Additional Investors: Ridgeline Partners
Company Website: https://squared.ai/
Software Category: low-code AI integration platform
About the Company: Founded in 2021, AI Squared is the platform for imbuing enterprise applications with intelligence, simplifying and accelerating the process of getting AI into the hands of business decision-makers. AI Squared's mission is to empower companies to make any existing applications intelligent by simplifying and accelerating the integration of AI into apps, ultimately increasing AI adoption. AI Squared is built to bring democratization, augmentation, adaption, and intelligent automation business-critical AI initiatives by eliminating the complexities of integrating models brought on by legacy model deployment platforms and workflows. Enterprise companies gain the benefit of intelligent automation, data-driven insights, and guided recommendations to create an intelligent application that can deliver a more personalized interface, improve productivity, and support decision-making.
Source: https://www.prnewswire.com/news-releases/breakthrough-ai-integration-platform-ai-squared-raises-6-million-seed-financing-led-by-nea-and-ridgeline-partners-301575835.html