# ModelOp

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.modelop.com/
- Total disclosed funding: $16M
- Latest round: Series B (Aug 19, 2024)
- Investors on record: 3

## About

Based in Illinois, US, and founded in 2016 by co-founders Pete Foley (CEO), Robert Grossman, and Stuart Bailey, ModelOp, Inc. operates as a provider of AI governance software, offering solutions that monitor compliance and manage risks associated with AI models for large enterprises. In August 2024, ModelOp, Inc. raised USD 10 million in Series B funding led by Baird Capital Partners.

The company provides an AI governance platform that offers visibility, compliance enforcement, and reporting to enterprises managing AI initiatives. The platform services include inventory management, control automation, and performance reporting. Moreover, the firm offers solutions such as out-of-the-box integrations with AI development tools, governance process templates, and compliance documentation. Additionally, the company also provides services such as proactive risk management and model lifecycle management.

## Funding rounds

- Series B, Aug 19, 2024, $10M — Baird Capital Partners
- Series A, Mar 31, 2020, $6M — Valley Capital Partners, Silicon Valley Data Capital

## Investors

- Valley Capital Partners (https://capitalatlas.ai/funds/valley-capital-partners) — Series A
- Silicon Valley Data Capital (https://capitalatlas.ai/funds/silicon-valley-data-capital) — Series A
- Baird Capital Partners (https://capitalatlas.ai/funds/baird-capital-partners) — Series B