Fundz

PowerML reported raising $24.8 Million in an initial SEC Form D filing, from an offering of $25 Million

PRIVATEApr 01, 2024$24.8M of $25M raised

Amount Raised

$24.8 Million

$24.8 Million per company press release (May 2, 2024)

Round Type

Venture

Palo AltoSoftwareArtificial IntelligenceMachine Learning

Quick answer

PowerML raised $24.8 Million in a funding round, dated March 13, 2024. PowerML is based in Palo Alto, California, United States.

How much did PowerML raise?
PowerML raised $24.8 Million in a funding round on March 13, 2024.
What does PowerML do?
Lamini is the enterprise LLM platform for existing software teams to quickly develop and control their own LLMs.
Where is PowerML based and how big is it?
PowerML is based in Palo Alto, California, United States.
Who are the decision-makers at PowerML?
Fundz holds 1 contact at PowerML. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

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

  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Anon raised $6.5M (Seed) on April 24, 2024.
  • Parloa raised $66M (Series B) on April 24, 2024.
  • NeuBird raised $22M (Seed) on April 17, 2024.
  • Verses Technologies raised $6.8M on April 17, 2024.
  • Take2 AI raised $3M (Seed) on April 16, 2024.

Who to call at PowerML, and when

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

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

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Company Information

Company

PowerML

Location

1920 PARK BLVD.

Palo Alto, California, United States

About

Lamini is the enterprise LLM platform for existing software teams to quickly develop and control their own LLMs. Lamini has built-in best practices for specializing LLMs on billions of proprietary documents to improve performance, reduce hallucinations, offer citations, and ensure safety. Lamini can be installed on-premise or on clouds securely. Thanks to the partnership with AMD, Lamini is the only platform for running LLMs on AMD GPUs and scaling to thousands with confidence. Lamini is now used by Fortune 500 enterprises and top AI startups.

AI made execution free. Knowing first is the whole game now.

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

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PowerML 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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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.