# Oumi, PBC

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.oumi.ai/
- Total disclosed funding: $10M
- Latest round: Seed (Jul 5, 2024)
- Investors on record: 4

## About

Founded in 2024 and based in Seattle, US, Oumi provides a platform for advanced AI model development and deployment. Manos Koukoumidis (CEO), Oussama Elachqar, Nikolai Glushnev, Matthew Persons, William Zeng, Jeremiah Greer, Kostas Aisopos, Panos Achlioptas, and Michael Schuler are the co-founders of the company. In January 2025, Oumi, PBC, raised USD 10 million in seed funding co-led by Venrock and Obvious Ventures, including Ascend Venture Capital and Plug and Play Ventures.

Oumi specializes in providing an open platform designed for the development, evaluation, and deployment of advanced AI models tailored to meet diverse user requirements. Their core offerings include pre-training, fine-tuning, and evaluating both text and multimodal AI models, which can be deployed in various settings, from local machines to cloud infrastructures. The platform supports a wide range of use cases, addressing the needs of researchers, developers, and enterprises seeking reliable AI solutions with integrated safety features. Oumi's clientele consists of academic institutions, research entities, and businesses across North America, Europe, and Asia, enabling collaborative projects and customized AI solutions that cater to specific industry demands.

Oumi generates revenue through a structured model that includes enterprise-grade support packages, subscriptions, and partnerships with academic and research institutions. Their transactional framework is oriented towards B2B relationships, where businesses engage with Oumi to access tailored AI solutions and expert support.

The organization plans to use the January 2025 funding to support the development of its unconditionally open-source AI platform, enabling global collaboration and responsible advancement of AI technology.

## Funding rounds

- Seed, Jul 5, 2024, $10M — Venrock, Plug and Play, Obvious, Ascend

## Investors

- Venrock (https://capitalatlas.ai/funds/venrock) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Obvious (https://capitalatlas.ai/funds/obvious) — Seed
- Ascend — Seed