Chalk Raises $10M in Seed Funding

Chalk
Chalk co-founders Elliot Marx (left), Andrew Moreland (center), and Marc Freed-Finnegan (right) are building a platform that empowers developers to deploy production-grade AI. (Photo: Business Wire)

Chalk, a San Francisco, CA-based provider of a data platform for machine learning, raised $10M in Seed funding.

The round was led by General Catalyst, Unusual Ventures, and Xfund.

The company intends to use the funds to accelerate development of its platform, reach new customers, and grow its engineering and go-to-market teams.

Led by Andrew Moreland, Elliot Marx and Marc Freed-Finnegan, Chalk is a data platform that powers machine learning and generative AI. its developer experience enables data teams to declare features and their dependencies with idiomatic Python in online, streaming, and batch environments. The company compiles these definitions into parallel pipelines that run on a Rust-based engine. These pipelines use the exact same source code to serve temporally-consistent training sets to data scientists and live feature values to models. This re-use ensures that feature values from online and offline contexts match and dramatically cuts development time. With Chalk, engineers, data scientists, and analysts can focus on their products while it handles data infrastructure.

Companies including Ramp, Vital, and Whatnot use Chalk’s data platform to power risk, recommendation, and healthcare decisions.

FinSMEs

13/12/2023