# Heurist

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

- Industry: Software
- Headquarters: New York, US
- Website: www.heurist.ai/
- Total disclosed funding: $2M
- Latest round: Seed (Nov 14, 2024)
- Investors on record: 11

## About

Founded in 2023 and based in New York, US, Heurist provides a platform that supports smart contract execution and GPU resource optimization. In November 2024, Heurist raised USD 2 million in seed funding from Amber Global Limited, Contango Digital Assets, Mozaik Capital, Selini Capital, X Ventures, Sharding Capital, Zephyrus Capital, Blue7, Steroids Capital, Origin Capital, and Manifold Trading.

Heurist Protocol offers a suite of AI-as-a-Service products facilitated by decentralized compute resources. Its core offering, the Elastic Chain, supports smart contract execution with low fees while enhancing user privacy. Users can dynamically scale GPU resources for both AI inference and training workloads. The platform enables access to multiple AI models with minimal code changes, serving diverse users from developers to enterprises. Key markets include North America, Europe, and Asia.

Heurist Protocol generates revenue primarily through a tiered token-based pricing model, allowing users to purchase tokens for various services. The company’s specific AI model usage, such as LLAMA3-70B, costs USD 1 for 500 image generations or USD 1 for 2,000 images using SDXL.

The organization plans to use the November 2024 funding to enhance its product offerings and expand into new markets.

## Funding rounds

- Seed, Nov 14, 2024, $2M — Amber Global Limited, Origin Capital, Selini Capital, Contango Digital Assets, Mozaik Capital, Zephyrus Capital, X Ventures, Blue7, Sharding Capital, Manifold Trading, Steroids Capital

## Investors

- Amber Global Limited — Seed
- Origin Capital — Seed
- Selini Capital (https://capitalatlas.ai/funds/selini-capital) — Seed
- Contango Digital Assets (https://capitalatlas.ai/funds/contango-digital-assets) — Seed
- Mozaik Capital — Seed
- Zephyrus Capital (https://capitalatlas.ai/funds/zephyrus-capital) — Seed
- X Ventures (https://capitalatlas.ai/funds/x-ventures-2) — Seed
- Blue7 (https://capitalatlas.ai/funds/blue7) — Seed
- Sharding Capital (https://capitalatlas.ai/funds/sharding-capital) — Seed
- Manifold Trading — Seed
- Steroids Capital — Seed