Gradient Raises $10M in Seed Funding

Gradient, a Burlingame, CA-based API platform for AI developers, raised $10m in seed funding.

The round was led by Wing VC, with participation from Mango Capital, Tokyo Black, The New Normal Fund, Secure Octane, Global Founders Capital, as well as dozens of leading AI & data practitioners from companies including Snowflake, Netflix, SAP, Figma, Airtable, Pinterest, Motive, and Openstore.

The company intends to use the funds to develop its enterprise-focused development platform.

Founded by Christopher Chang, Mark Huang, and Forrest Moret, Gradient allows companies to leverage their private data to build large scale custom AI models via their developer platform. The solution powers this developer experience using state-of-the-art LLMs such as Llama2. Using Gradient, developers are able to create and combine thousands of tuned LLMs with minimal cost and complexity, which was not possible before.

Features include:

  • Full Model Ownership:┬áCompanies can retain full ownership and control over their AI applications.
  • Rapid LLM creation: The developer platform makes it easy for users to tune hundreds of LLMs and embed models to solve complex use cases.
  • State of the art domain expert LLMs:┬áit makes it possible for companies to build on Llama2 models and domain expert models for finance, healthcare, and law.
  • Security and Privacy:┬áThe solution can help companies productionize models in highly sensitive environments, protecting user data and privacy. Gradient is SOC2 and HIPAA compliant.

Application developers, product teams, and ML engineers at companies spanning healthcare, financial services, marketing, media, and entertainment have used Gradient to develop and deploy generative AI applications that address diverse business needs.

The company has nearly 20 employees and is based in Burlingame, CA.

FinSMEs

05/10/2023