Fundz

Credo Ai Closes $12.8 Million Series A Funding Round Led By Sands Capital

PRIVATEMay 17, 2022

Amount Raised

$12.8 Million

Round Type

Series A

San FranciscoInformation TechnologySoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Description

Credo AI, the company behind the world's first Responsible AI (RAI) Governance Platform, today announced the close of a $12.8 million Series A financing round led by Sands Capital, with follow-on investments from existing investors Decibel and AI Fund.

Quick answer

Credo AI raised $12.8 Million in a Series A round, dated May 17, 2022. Credo AI is based in San Francisco, California, United States.

How much did Credo AI raise?
Credo AI raised $12.8 Million in a Series A round on May 17, 2022.
What does Credo AI do?
Founded in 2020, Credo AI is a venture-backed company on a mission to empower organizations to deliver Responsible AI (RAI) at scale.
Where is Credo AI based and how big is it?
Credo AI is based in San Francisco, California, United States.
Who are the decision-makers at Credo AI?
Fundz holds 1 contact at Credo AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Science And Engineering around the same time

Companies in the same sectors as Credo AI that raised within 45 days of this round, from Fundz verified event records.

  • Modular raised $30M (Seed) on June 30, 2022.
  • Neuron7.ai raised $10M (Funding Round) on June 23, 2022.
  • Sanas raised $32M (Funding Round) on June 22, 2022.
  • Neuron7.ai raised $10M (Funding Round) on June 21, 2022.
  • Aidoc raised $110M (Funding Round) on June 16, 2022.
  • FourKites, Inc. raised $30M on June 13, 2022.

Who to call at Credo AI, and when

A new round usually means Credo AI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Credo AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Credo AI, from your own LinkedIn network

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Company Information

Company

Credo AI

Location

San Francisco, California, United States

About

Founded in 2020, Credo AI is a venture-backed company on a mission to empower organizations to deliver Responsible AI (RAI) at scale. Credo AI brings context-driven governance and risk assessment to ensure compliant, fair, transparent and auditable development and use of AI. Credo AI's Intelligent SaaS platform empowers enterprises to measure, monitor and manage AI introduced risks at scale. Credo AI enables organizations to create AI with the highest ethical standards, so that they are able to capture its tremendous benefits while mitigating unintended negative consequences. Credo AI customers include AI first and Global 2000s across Retail, Finance and Banking, Insurance, Defense and High Tech.

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Fundz sees it the moment Credo AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Credo AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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