Arthur Raises $42M in Series B Funding

Arthur

Arthur, a New York-based AI performance company, raised $42M in Series B funding.

The round was led by Acrew Capital and Greycroft Ventures.

The company intends to use the funds to scale to meet demand for essential AI infrastructure.

Led by CEO Adam Wenchel, Arthur provides a platform that monitors, measures, and improves machine learning models, working with enterprise teams to accelerate model operations and optimize for accuracy, explainability, and fairness. Its research-led approach to product development drives new capabilities in enterprise scalability, computer vision, NLP, bias mitigation, and other critical areas.

The company has raised more than $60M since its founding in 2019.

FinSMEs

27/09/2022