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Fiddler Raises $32 Million In Series B Funding As It Leads The Market Of Machine Learning Explainability And Performance Management

RECENTLY ACQUIREDJun 17, 2021

Amount Raised

$32 Million

Round Type

Series B

Palo AltoOtherSoftware

Description

Fiddler AI announced it has raised $32 million in Series B funding to give teams everywhere access to Fiddler's Model Performance Management platform powered by Explainable AI to enable them to build Responsible AI in production. The round was led by global venture capital and private equity firm Insight Partners with participation from existing investors, Lightspeed Venture Partners, Lux Capital, Haystack Ventures, Bloomberg Beta, Lockheed Martin, and The Alexa Fund.

Quick answer

Fiddler AI raised $32 Million in a Series B round, dated June 17, 2021. Fiddler AI is based in Palo Alto, California, United States.

How much did Fiddler AI raise?
Fiddler AI raised $32 Million in a Series B round on June 17, 2021.
What does Fiddler AI do?
Fiddler AI is a Palo Alto-based company focused on AI observability and AI safety.
Where is Fiddler AI based and how big is it?
Fiddler AI is based in Palo Alto, California, United States. Fundz records about 81 employees.
Who are the decision-makers at Fiddler AI?
Fundz holds 5 contacts at Fiddler AI, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

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

  • MoEngage raised $33M (Funding Round) on July 31, 2021.
  • Gopuff raised $1B (Funding Round) on July 30, 2021.
  • Homebase raised $71M (Series C) on July 29, 2021.
  • Diginex raised $6M on July 29, 2021.
  • Coralogix raised $55M (Series C) on July 29, 2021.
  • Tejas Networks raised an undisclosed amount (Corporate Round) on July 29, 2021.

Who to call at Fiddler AI, and when

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

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Company Information

Company

Fiddler AI

Location

291 LAMBERT AVENUE

Palo Alto, California, United States

About

Fiddler AI is a Palo Alto-based company focused on AI observability and AI safety. They help enterprises deploy large language model and machine learning applications that are trustworthy and aligned with high standards of governance. Their platform aims to enhance LLM observability capabilities, enabling responsible and cost-effective deployment of AI applications. Fiddler AI is recognized as a leader in the field, setting standards for transparency and accountability in responsible AI.

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Related People

5 contacts
Verified contactsAmit P., Director hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Fiddler 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.