Fundz

OpenGradient raised $8.5M in seed funding led by a16z Crypto Startup Accelerator to decentralize AI infrastructure and accelerate secure, open-source AI.

PRIVATEOct 09, 2024

Amount Raised

$8.5 Million

Round Type

Seed

New YorkSoftwareArtificial IntelligenceBlockchainMachine Learning

Investors

SV AngelCoinbase VenturesSALT FundSymbolic CapitalForesight VenturesBalaji SrinivasanIllia PolosukhinSandeep NailwalA16z Crypto Startup Accelerator

Description

OpenGradient has raised $8.5M in seed funding to build a decentralized platform for AI model hosting and secure inference. The funding will help streamline AI deployment and democratize model ownership for developers.

Quick answer

OpenGradient raised $8.5 Million in a Seed round, dated October 9, 2024. Investors: SV Angel, Coinbase Ventures, SALT Fund, Symbolic Capital, Foresight Ventures, Balaji Srinivasan, Illia Polosukhin and Sandeep Nailwal. OpenGradient is based in New York, New York, United States.

How much did OpenGradient raise?
OpenGradient raised $8.5 Million in a Seed round on October 9, 2024.
Who invested in OpenGradient?
SV Angel, Coinbase Ventures, SALT Fund, Symbolic Capital, Foresight Ventures, Balaji Srinivasan, Illia Polosukhin and Sandeep Nailwal are named as investors in this round.
What does OpenGradient do?
OpenGradient is a leading decentralized platform unlocking scalable AI compute on-chain, empowering developers to build secure, intelligent, and optimized decentralized applications.
Where is OpenGradient based and how big is it?
OpenGradient is based in New York, New York, United States. Fundz records about 7 employees.
Who are the decision-makers at OpenGradient?
Fundz holds 3 contacts at OpenGradient, including the Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Blockchain and Software around the same time

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

  • Cardo AI raised $15M (Series A) on November 20, 2024.
  • Tookey.io raised $375K (Pre-Seed) on October 25, 2024.
  • Anthropic raised $4B on November 22, 2024.
  • Popp AI raised $4.5M (Seed) on November 21, 2024.
  • Ubitium raised $3.7M (Seed) on November 21, 2024.
  • Rosie AI raised $1.5M (Pre-Seed) on November 21, 2024.

Who to call at OpenGradient, and when

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

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

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Company Information

Company

OpenGradient

Location

New York, New York, United States

About

OpenGradient is a leading decentralized platform unlocking scalable AI compute on-chain, empowering developers to build secure, intelligent, and optimized decentralized applications. The company provides on-chain AI model hosting, permissionless composability, secure inference execution, and seamless access to accelerate open-source AI and foster next-gen applications. Their innovative tech stack integrates AI and blockchain to streamline AI deployments and enhance security.

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

Related People

3 contacts
Verified contactsMatthew W., Founder & CEOSee plans and pricing
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OpenGradient raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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