Inspeq AI, a Dublin, Ireland-based provider of Responsible AI development platforms, has secured $1.1 million in its pre-Series-A funding round.
Investors
The round was led by Sure Valley Ventures, with participation from Delta Partners, Plug and Play, and notable angel investors including Gaurav Singh Kushwaha, Prateek Dixit, Rick Kelly, Cyril Treacy, and other tech executives.
Inspeq AI Use of Funds
The company will use the funds to grow its product development team and enhance its marketing and sales efforts in India, Ireland, and the UK.
About Inspeq AI
Founded in 2023 by Apoorva Kumar and Ramanujam Macharla Vijayakumar, Inspeq AI focuses on developing an enterprise-ready LLM Ops platform that assists developers in evaluating and enhancing their enterprise AI applications. It offers a comprehensive AI Ops platform that covers all phases of AI development and production. The platform optimizes Gen AI deployment across various phases, including testing, evaluation, monitoring, and performance enhancement.
Funding Details
Company: Inspeq AI
Raised: $1.1M
Round: Pre-Series A
Funding Month: May 2024
Lead Investors: Sure Valley Ventures
Additional Investors: Delta Partners, Plug and Play, Gaurav Singh Kushwaha, Prateek Dixit, Rick Kelly, Cyril Treacy
Company Website: https://inspeq.ai/
Software Category: AI Development
Source: https://www.businesstoday.in/technology/news/story/ai-development-platform-inspeq-ai-raises-rs-91-cr-to-enable-businesses-with-safe-ai-future-431237-2024-05-28