Seek AI, a New York-based developer of AI-powered intelligent data solutions, announced that it raised $7.5 million in a combination of pre-seed and seed funding.
Conviction Partners and Battery Ventures co-led the new investment round, with participation from Bob Muglia, Tristan Handy, Mustafa Suleyman, and NJP Ventures.
The company will use the capital to accelerate product development and support its mission of making data accessible to anyone in an organization via a natural language interface.
"Our vision, since day one, has been to automate mundane but critical processes and workflows so that data stakeholders can get the data they need fast, and data teams can focus more on strategic efforts," says Sarah Nagy, founder, and CEO of Seek AI. "As Seek continues to grow, it is crucial to have growth partners who understand the complexities of automation and data accessibility and share the same vision for applied AI. This funding will help us improve upon our product and reach more businesses in an array of expanding industries."
Seek AI uses complex deep-learning foundation models with hundreds of billions of parameters. Seek's technology adapts to each customer's environment and each team's usage patterns.
Using generative AI, the next-generation automation platform redefines how data teams code and gives all stakeholders on-demand access to company information. Seek has more than a dozen pilots with tech, fintech, and consumer brand customers ranging from startups to the Fortune 100.
Company: Seek AI, Inc.
Raised: $7.5M
Round: pre-Seed and Seed Round
Funding Month: January 2023
Lead Investors: Conviction Partners, and Battery Ventures
Additional Investors: Bob Muglia, Tristan Handy, Mustafa Suleyman, and NJP Ventures
Company Website: https://www.seek.ai/
Software Category: Generative AI Solution
About the Company: Founded in 2021 by Sarah Nagy, Seek AI provides a platform for data teams to automate the generation and maintenance of code for answering ad-hoc questions, as well as generating and maintaining semantic models. It allows data teams to automate and oversee database query projects, thereby dramatically improving productivity, especially for sales and marketing purposes. The natural language platform builds upon organization-specific foundation models and integrates easily with popular database vendors and collaboration tools. Seek AI’s natural language interface enables business users to ask questions and receive faster answers, while at the same time reducing the burden of repetitive coding for data teams.
Source: https://www.seek.ai/press-01-11-23