Spice AI
Latest round
- Seed
Last raised
- Jul 2022
Total raised
- $16M
Investors
- 12
About Spice AI
Spice AI, Inc.Founded in 2021 and headquartered in Seattle, US, Spice AI, Inc. specializes in AI application development. The company has not undergone any significant pivots and does not have any reported subsidiaries. The founder, Phillip LeBlanc, has a background but no previous companies are mentioned.ai offers a robust open-source data and AI inference engine designed to facilitate the development of AI applications through SQL query federation, data acceleration, search, and retrieval capabilities. The core product enables users to query any data from diverse sources, including modern and legacy databases, data lakes, and APIs across enterprises.ai aims to streamline the data integration process for its clientele, which spans various sectors including finance, healthcare, and technology. Its compute engine, built on Rust and Apache Arrow, supports the serving of local AI models like Llama3 and integrates with hosted AI platforms such as OpenAI.ai generates revenue by offering a subscription-based model for its cloud platform, which includes various pricing tiers tailored to meet the needs of enterprises and individual developers. The company provides access to its SQL query capabilities and machine learning features through a streamlined interface, allowing clients to execute queries and utilize AI models with minimal setup. Revenue is derived from charges associated with specific services on the platform, potentially including fees for enhanced data access, advanced machine learning tools, and support services. Customers may engage in contractual agreements based on the selected tier, which could include partnerships for enterprise solutions or direct subscriptions from individual developers. The company aims to launch new products and enhance its service offerings, although specific product details and release dates are not disclosed. Additionally, Spice AI is targeting expansion into new markets, with a focus on increasing its presence in North America, Europe, and Asia by the end of 2023.
Who invested in Spice AI
12 investors across 2 rounds
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Questions about Spice AI
Who invested in Spice AI?
Spice AI has 12 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spice AI raised?
Spice AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Spice AI last raise money?
Spice AI's most recent round on record is a Seed, in Jul 2022.
What does Spice AI do?
Spice AI is a internet company.
Where is Spice AI headquartered?
Spice AI is headquartered in Seattle, US.
Which VCs invest in companies like Spice AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Spice AI's stage. Their profiles are linked below.
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