# H2O.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/h2o-ai

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.h2o.ai
- Total disclosed funding: $243M
- Latest round: Series E (Nov 7, 2021)
- Investors on record: 14

## About

Based in California, US, and founded in 2012 by Cliff Click, and Sri Satish Ambati, H2O.ai, Inc., is a developer of open-source artificial intelligence and machine learning platform that helps data scientists and developers in accelerating their algorithms used for various applications. In November 2021, H2O.ai, Inc. raised USD 100 million in a Series E funding led by Commonwealth Bank, with participation from other Celesta Capital, Pivot Investment Partners, Crane Venture Partners, Goldman Sachs Merchant Banking Division, New York Life Investment Management, NVIDIA Corporation, and Wells Fargo Securities. The series E funding values H2O.ai, Inc. at USD 1.7 billion post-money and has raised a total of USD 245.1 million in funding. As of November 2021, co-founder Mr. Sri Ambati is the CEO of H2O.ai, Inc. 

The company provides an H2O AI Cloud platform, which is powered by automated machine learning (autoML). H2O AI Cloud platform helps customers to drive research breakthroughs and uncover new opportunities for market disruption. In addition, the platform connects teams during the developing, operating, and innovating phases of the projects. The company provides its solutions to multiple industries, including financial services, insurance, healthcare, marketing, retail, telecom, and manufacturing.

H2O.ai, Inc. plans to use its proceeds from a Series E funding to scale marketing, sales, customer success, and partnerships globally.

## Funding rounds

- Series E, Nov 7, 2021, $100M — Commonwealth Bank of Australia, NVIDIA Corporation, Goldman Sachs Asset Management, Wells Fargo Securities, New York Life Investment Management, Pivot Investment Partners, Celesta Capital, Crane Venture Partners
- Series D, Aug 20, 2019, $73M — Nexus Venture Partners, NVIDIA Corporation, Goldman Sachs Asset Management, Wells Fargo Securities, Ping An Global Voyager Fund
- Series C, Nov 2, 2017, $40M — Nexus Venture Partners, Aegon Capital Management, NVIDIA Corporation, Wells Fargo Securities, New York Life Investment Management, Transamerica Ventures, Crane Venture Partners
- Series B, Oct 8, 2015, $20M — Nexus Venture Partners, Capital One Ventures, Transamerica Ventures, Paxion Capital Partners
- Series A, Jul 7, 2014, $8.9M — Nexus Venture Partners, Transamerica Ventures
- Seed, Apr 9, 2012, $1.6M — Nexus Venture Partners

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A, Series B, Series C, Series D
- Transamerica Ventures (https://capitalatlas.ai/funds/transamerica-ventures) — Series A, Series B, Series C
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series B
- Paxion Capital Partners (https://capitalatlas.ai/funds/paxion-capital-partners) — Series B
- Aegon Capital Management — Series C
- NVIDIA Corporation — Series C, Series D, Series E
- Wells Fargo Securities — Series C, Series D, Series E
- New York Life Investment Management — Series C, Series E
- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Series C, Series E
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D, Series E
- Ping An Global Voyager Fund (https://capitalatlas.ai/funds/ping-an-global-voyager-fund) — Series D
- Commonwealth Bank of Australia — Series E
- Pivot Investment Partners (https://capitalatlas.ai/funds/pivot-investment-partners) — Series E
- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series E