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Maxim AI raises $3M in a seed funding round led by Elevation Capital to expand platform capabilities for enterprise-grade evaluation and observability for AI applications.

Jun 18, 2024•over 1 year ago

Amount Raised

$3 Million

Round Type

seed

San FranciscoComputer VisionMachine LearningArtificial IntelligenceSoftware

Investors

Angel Investors Including Founders Of Postman, Chargebee, Groww, Razorpay, And Media.NetElevation Capital

Description

California-based Maxim AI has successfully closed a $3 million seed funding round led by Elevation Capital, with participation from angel investors and announced the General Availability launch of its platform. The funding will be used to expand the company's team and scale its operations to partner with more leading enterprises building AI products.

Company Information

Company

Maxim AI

Location

San Francisco, California, United States

About

At Maxim, we are building an enterprise-grade generative AI evaluation and observability platform to empower modern AI teams to ship their applications with quality, reliability, and speed. Our developer stack comprises tools for prompt engineering, pre-release and post-release testing/monitoring, data management, and fine-tuning, including for the last mile of human-in-the-loop.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers