Pienso Raises $10 Million in Series A

by Kay Aloha Villamor in March 20th, 2024

Pienso, an Arlington, VA-based company building no-code tools to train and fine-tune AI models, has raised $10 million in Series A funding.  

Investors  

The round was led by Latimer Ventures with participation from Gideon Capital, SRI, Uncork, and Good Growth Capital.  

Pienso Use of Funds  

 The fresh funds will be allocated to expanding Pienso's sales, marketing, and customer success departments, hiring skilled engineers, and developing additional features for the platform.  

About Pienso   

Founded by Birago Jones and Karthik Dinakar, Pienso offers an AI suite designed for "non-technical talent" to train and fine-tune AI models using their own data. The platform guides users through annotating or labeling training data for pre-tuned open-source or custom AI models. It integrates with enterprise systems through APIs or can operate standalone in a secure environment. Its platform is designed to be interoperable with major LLM providers and can be deployed both in-cloud and on-premise, ensuring data privacy and sovereignty for organizations.  

Funding Details                  

Company: Pienso, Inc.  

Raised: $10.0M   

Round: Series A    

Funding Month: March 2024                     

Lead Investors: Latimer Ventures  

Additional Investors: Gideon Capital, SRI, Uncork, Good Growth Capital

Company Website: https://pienso.com/   

Software Category: No-code AI Builder  

Source: https://techcrunch.com/2024/03/12/pienso-is-building-no-code-tools-for-training-ai-models/ 

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