Flip AI Raises $6.5M in Seed Funding

Flip AI

Flip AI, a San Francisco, CA-based provider of an observability intelligence platform, raised $6.5M in Seed funding.

The round was led by Factory. Morgan Stanley Next Level Fund and GTM Capital also participated.

The company intends to use the funds to continue to advance its product roadmap and LLM and to expand its team and operations. 

Led by Corey Harrison, CEO, Sunil Mallya, CTO, and Deap Ubhi, CPO, Flip AI provides enterprises with an observability intelligence platform empowered by an LLM that predicts incidents and generates root cause analyses in seconds. The company automates incident resolution processes, reducing the effort to minutes for enterprise development teams. Flip sits on top of traditional observability solutions like Datadog, Splunk and New Relic; open source solutions like Prometheus, OpenSearch and Elastic; and object stores like Amazon S3, Azure Blob Storage and GCP Cloud Storage. Its LLM can work on structured and unstructured data; operates on-premises, multi-cloud and hybrid; requires no training; ensures that an enterprise’s data stays private; and has a minimal compute footprint. 

The solution is used by global enterprises, including a top media and entertainment company and some of the largest financial institutions in the world. 

FinSMEs

09/11/2023