Orq.ai, an Amsterdam, The Netherlands-based provider of a platform for enterprises to build Generative AI applications from playground to production, raised additional €1.5M in funding.
The current round was led by XO Ventures (Bart Malenstein and Marc van Meerwijk) and xdeck ventures. In addition, Curiosity VC and Spacetime participated. The initial €800k pre-seed round was led by Curiosity VC and Spacetime (Adriaan Mol). Golden Egg Check Capital and various angel investors, such as Arjé Cahn (Bloomreach) and Koen Köppen (Mollie, Klarna), participated.
The company intends to use the funds to expand the product team and the go-to-market team for the European market. The initial focus will be on Germany and the Benelux countries.
Led by Anthony Diaz and Sohrab Hosseini, Orq.ai provides an all-in-one Generative AI platform for Enterprises to integrate with various Large Language Models (LLMs) and enable close collaboration across the organization. The latest products, Experiment and Optimize, are introduced alongside the existing Run solution but can also be used independently to ease the implementation for organizations.
Experiment makes it easy to set up and test thousands of Generative AI use cases, prompts, and data sets across 75+ AI models. Organizations have complete control and transparency with custom quality, cost, and performance controls.
With Optimize, teams have real-time analytics on all interactions with Generative AI models, which domain experts can curate for ongoing improvements and model fine-tuning. This end-to-end workflow allows domain experts, product managers, and engineers to collaborate seamlessly in orq.ai.
With Run, an intelligent business rules engine, AI applications can quickly be shipped to production with granular control over localization, personalization, and data privacy.
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