Grid.AI

SoftwareSeries BNew York, USgrid.ai

Latest round

Series B

Last raised

Jun 2022

Total raised

$59M

Investors

5

About Grid.AI

AI, Inc. specializes in creating advanced machine learning solutions, enabling users to focus on model development while simplifying infrastructure management.AI, Inc. (now known as Lightning AI) is dedicated to simplifying the machine learning process. The firm was co-founded by Luis Capelo and William Falcon, with Falcon serving as CEO.Lightning AI offers a suite of products that streamline the machine learning process, focusing on model training and hyperparameter optimization specifically for deep learning applications. Their offerings serve a range of use cases, including drug discovery and improvements in finance and autonomous systems, targeting a global clientele primarily located in North America, Europe, and Asia.Lightning AI generates revenue through a subscription-based model aimed at businesses needing robust machine learning infrastructure. Clients engage with various pricing tiers to access the platform's full range of services, including project management, data handling, and model training tools.AI, Inc.00 mn, the company plans to leverage this capital for innovation and new AI research. Lightning AI intends to expand its product offerings, though specific new products and release dates have not been disclosed. Moreover, the company is looking to enter new markets and geographic regions, although details on the targeted areas and timelines for expansion are not provided.

Who invested in Grid.AI

5 investors across 2 rounds

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Funding rounds

  1. Series B

    Jun 16, 2022

    Amount

    $40M

    Investors

    Locked

  2. Series A

    Oct 8, 2020

    Amount

    $19M

    Investors

    Locked

Questions about Grid.AI

Who invested in Grid.AI?

Grid.AI has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Grid.AI raised?

Grid.AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Grid.AI last raise money?

Grid.AI's most recent round on record is a Series B, in Jun 2022.

What does Grid.AI do?

Grid.AI is a software company.

Where is Grid.AI headquartered?

Grid.AI is headquartered in New York, US.

Which VCs invest in companies like Grid.AI?

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

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