Guardrails AI, a San Francisco, CA-based open and trusted AI assurance company, officially launched its platform, Guardrails Hub, and closed $7.5 million in seed funding.
SaaS Investors
The round was led by Zetta Venture Partners. Other participants include Bloomberg Beta, Pear VC, Factory, GitHub Fund, and notable AI angels like Ian Goodfellow and Logan Kilpatrick.
Founded in 2013, Zetta Venture Partners is a venture capital firm based in San Francisco, California. The firm prefers to invest in pre-seed and seed-stage companies operating in the artificial intelligence and business-to-business sectors across North America and Europe.
Guardrails AI Use of Funds
The company will use the funding to support the expansion of its engineering and product teams, as well as further advancement of its products.
About Guardrails
Founded in 2023, Guardrails AI empowers companies to harness the full potential of foundation models reliably and with confidence by building tools to measure, monitor, and mitigate AI risks. Guardrails AI is an open-source framework to define and enforce assurance for LLM applications. Its platform, Guardrails Hub, is an open-source product that enables developers to build, share, and re-use advanced validation techniques, known as validators, ensuring adherence to specified guidelines and norms in AI applications. Guardrails has gained traction among developers, with over 10,000 monthly downloads and more than 2800 GitHub stars since its release in 2023. The company is headquartered in San Francisco, CA.
Funding Details
Company: Guardrails AI, Inc.
Raised: $7.5M
Round: Seed Round
Funding Month: February 2024
Lead Investors: Zetta Venture Partners
Additional Investors: Bloomberg Beta, Pear VC, Factory, GitHub Fund, Ian Goodfellow and Logan Kilpatrick
Company Website: https://www.guardrailsai.com/
Software Category: Open-source Framework
Source: https://www.globenewswire.com/news-release/2024/02/15/2830261/0/en/Guardrails-AI-is-Solving-the-LLM-Reliability-Problem-for-AI-Developers-With-7-5-Million-in-Seed-Funding.html