Distributional Raises $11M in Seed Funding

Distributional

Distributional, a San Francisco, CA-based provider of a modern enterprise platform for artificial intelligence (AI) testing and evaluation, raised $11m in seed funding.

The round was led by Andreessen Horowitz with participation from Operator Stack, Point72 Ventures, SV Angel, Two Sigma, Willowtree Investments and dozens of AI leaders as angel investors.

The remote first company will use the funding to further develop its product and grow its team.

Led by Scott Clark, Co-Founder and CEO, Distributional provides a modern enterprise platform for AI testing and evaluation to make AI safe, secure and reliable. As the power of AI applications grows, so does the risk of harm. AI product teams use the platform to proactively and continuously identify, understand and address AI risk before it harms their customers in production.

Distributional is working with more than a dozen design partners to build an active testing platform that makes it easy for AI product teams across finance, technology, energy and manufacturing industries to get a complete view of AI risk. The platform will handle all model types, including statistical models, machine learning, deep learning, large language models and other forms of generative AI.

The company plans to launch its enterprise product in the second half of 2024.

FinSMEs

15/12/2023