Comet ML

SoftwareSeries BNew York, UScomet.ml

Latest round

Series B

Last raised

Nov 2021

Total raised

$65M

Investors

9

About Comet ML

Comet ML Inc.Comet ML Inc. specializes in machine learning lifecycle management, helping organizations to optimize their data science workflows. Founded in 2017, the company is headquartered in New York, US. The founders, Gideon Mendels and Nimrod Lahav, have a background in technology and entrepreneurship.Comet offers a comprehensive end-to-end model evaluation platform designed to enhance the development and deployment of machine learning applications, particularly in AI and agentic systems. The core product suite consists of tools for experiment management, model registry, production monitoring, and LLM evaluation. These offerings enable users to automate prompt engineering, conduct LLM tuning, and perform application-level unit testing, thereby ensuring consistent performance across various stages of development and production. The platform allows data scientists and machine learning practitioners to log their iterations in a centralized system, track data drift, and set custom alerts for performance degradation. Comet serves a diverse client base, including innovative enterprises in sectors that require high-performance machine learning solutions.Revenue generation for Comet is primarily structured around subscription-based models, where clients pay for access to various features of the platform. The company offers tiered pricing plans that cater to different organizational needs, enabling users to select a package that aligns with their scale and complexity of machine learning projects. These plans encompass a range of services, including model versioning and monitoring, experiment tracking, and automated LLM evaluation. The transaction structure typically involves businesses entering into agreements directly with Comet for ongoing access to its tools and services, with the potential for additional customizations based on specific client requirements.In November 2021, Comet ML Inc. Future growth strategies include launching innovative products designed to further streamline machine learning processes and expanding into new markets, specifically targeting regions in Asia and Europe by the end of 2023. These initiatives are expected to create new opportunities for Comet, helping to solidify its position in the competitive landscape of machine learning solutions.

Who invested in Comet ML

9 investors across 4 rounds

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Funding rounds

  1. Series B

    Nov 18, 2021

    Amount

    $50M

    Investors

    Locked

  2. Series A

    Apr 8, 2021

    Amount

    $13M

    Investors

    Locked

  3. Seed

    Apr 5, 2018

    Amount

    $2.3M

    Investors

    Locked

  4. Seed

    Jul 17, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about Comet ML

Who invested in Comet ML?

Comet ML has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Comet ML raised?

Comet ML has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Comet ML last raise money?

Comet ML's most recent round on record is a Series B, in Nov 2021.

What does Comet ML do?

Comet ML is a software company.

Where is Comet ML headquartered?

Comet ML is headquartered in New York, US.

Which VCs invest in companies like Comet ML?

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

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