VectorShift, a NYC-based generative AI application development platform, raised $3M in Seed funding.
Backers included 1984 Ventures, defy.vc, Formus Capital, Y Combinator, Soma Capital, 468 Ventures, and Pioneer Ventures, along with other investors in enterprise software, AI, and machine learning.
The company intends to use the funds to expand operations and accelerate product development.
Founded by Alex Leonardi and Albert Mao, VectorShift provides a platform for teams to build, deploy, and maintain AI search engines, assistants, chatbots, and automations by modularizing the core parts of deploying any LLM application through no-code and SDK interfaces.
Today, several customers use it to automate internal processes, and multiple organizations have built entire generative AI products using the VectorShift platform.
Commenting on the news, Alex Leonardi said: “These experiences were crucial in developing VectorShift, a platform designed to make advanced AI tools accessible and useful for everyday business operations. We envision a future where teams use AI to automate a large proportion of their everyday processes, freeing up valuable time for their members to work on higher order tasks, and we want VectorShift to expedite our path towards that future.”
FinSMEs
22/02/2024