Martian, a San Francisco, CA-based AI model-routing platform, emerged from stealth with the Model Router, an orchestration layer solution that routes each query to the best LLM in real-time and raised $9 million in seed funding.
SaaS Investors
The investment was coming from prominent venture capital firms such as NEA, Prosus Ventures, Carya Venture Partners, and General Catalyst.
Founded in 1977, New Enterprise Associates is a venture capital investment firm based in Lutherville-Timonium, Maryland. The firm prefers to invest in companies operating in the enterprise, consumer, life sciences, and digital health sectors.
Prosus Ventures is the corporate venture capital arm of Prosus based in Hoofddorp, Netherlands. The firm seeks to invest in technology companies operating in the e-commerce, mobility and logistics, fintech and blockchain, agritech and sustainability, SaaS, and B2B sectors across India, Southeast Asia, Europe, and the Americas.
Founded in 2022, Carya Venture Partners is a venture capital firm based in Palo Alto, California. The firm seeks to invest in B2B technology companies.
General Catalyst is a venture capital firm that provides early-stage and growth equity investments. The firm prefers to make investments in companies operating in consumer, enterprise, fintech, crypto, health assurance, software, transportation, big data, and technology sectors.
About Martian
Martian is a technology company on a mission to understand AI and build AI tools based on a central theory of machine intelligence. The company’s Model Mapping technology unpacks blackbox LLMs to uncover the mechanisms that make models work and underlies Martian’s first product for enterprises and startups: the Model Router API.
Funding Details
Company: Martian Learning, Inc.
Raised: $9.0M
Round: Seed Round
Funding Month: November 2023
Investors: NEA, Prosus Ventures, Carya Venture Partners, and General Catalyst
Company Website: https://withmartian.com/
Software Category: AI Model-Routing Platform
Source: https://www.prosus.com/news-insights/group-updates/2023/martian-invents-model-router-that-beats-gpt-4