Algorithmia

InternetSeries BSeattle, USalgorithmia.com

Latest round

Series B

Last raised

May 2019

Total raised

$38M

Investors

8

About Algorithmia

Algorithmia Inc.Founded in 2013, Algorithmia Inc. is based in Seattle, US, and operates as an independent entity. The company was established by Diego Oppenheimer, Juan Lozano, and Kenny Daniel.Algorithmia's primary product is a platform designed for the management and deployment of machine learning models, catering to data scientists, developers, and IT professionals. The platform supports on-premises and cloud environments, facilitating efficient workflows for rapid AI application development and deployment.Algorithmia generates revenue primarily through subscription-based agreements for its platform, allowing clients to access tailored AI solutions. The B2B model emphasizes partnerships with enterprises to implement AI capabilities across their operations.Looking ahead, Algorithmia plans to enhance its platform with new features aimed at improving user experience and expanding functionality in AI governance. The company is targeting broader market penetration, particularly in the Asia-Pacific region, anticipating market entry by early 2023.00 mn will support product development initiatives and facilitate its expansion into these new geographic areas.

Who invested in Algorithmia

8 investors across 3 rounds

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Funding rounds

  1. Series B

    May 14, 2019

    Amount

    $25M

    Investors

    Locked

  2. Series A

    Jun 23, 2017

    Amount

    $11M

    Investors

    Locked

  3. Seed

    Aug 18, 2014

    Amount

    $2.4M

    Investors

    Locked

Questions about Algorithmia

Who invested in Algorithmia?

Algorithmia has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Algorithmia raised?

Algorithmia has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Algorithmia last raise money?

Algorithmia's most recent round on record is a Series B, in May 2019.

What does Algorithmia do?

Algorithmia is a internet company.

Where is Algorithmia headquartered?

Algorithmia is headquartered in Seattle, US.

Which VCs invest in companies like Algorithmia?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Algorithmia's stage. Their profiles are linked below.

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