# Segmind

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

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.segmind.com
- Total disclosed funding: $1M
- Latest round: Seed (May 29, 2023)
- Investors on record: 4

## About

Established in 2022 by Harish Prabhala, Rohit Ramesh, Sai Koushik, and based in California, US, Segmind Inc., operates an application programming interface-based platform that provides generative artificial intelligence solutions for software developers. In May 2023, Segmind Inc., raised USD 1 million in venture funding, co-led by All In Capital and Paradigm Shift Capital, with participation from WEH Ventures, and 100x entrepreneurs.

The company offers an artificial intelligence-based optimization and development platform used to create web designs and mock-ups, illustrations and pictures, marketing content, and VFX gaming elements. The company’s model uses a diffusion-denoising mechanism for segmenting anything model (SAM) used to create masks for all objects in an image.

The company generates revenue by charging USD 0.003 per call for small images, USD 0.006 per call for medium images, and USD 0.01 per call for large images.

The company plans to use the May 2023 funding to expand its product development.

## Funding rounds

- Seed, May 29, 2023, $1M — WEH Ventures, Paradigm Shift Capital, 100x entrepreneurs, All In Capital

## Investors

- WEH Ventures (https://capitalatlas.ai/funds/weh-ventures) — Seed
- Paradigm Shift Capital (https://capitalatlas.ai/funds/paradigm-shift-capital) — Seed
- 100x entrepreneurs — Seed
- All In Capital (https://capitalatlas.ai/funds/all-in-capital) — Seed