# Weights and Biases

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/weights-and-biases

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.wandb.ai
- Total disclosed funding: $198M
- Latest round: Series C (Oct 13, 2021)
- Investors on record: 8

## About

Based in California, US, and founded in 2017, Weights and Biases, Inc. develops SaaS (software-as-a-service) experiment tracking platforms. Lukas Biewald (CEO), Chris Van Pelt (CVP), and Shawn Lewis (CTO) are the co-founders of the company and have more than 200 employees as of 2021. In August 2023, Weights and Biases, Inc. raised USD 50 million in venture funding from Bloomberg Beta, Bond, Coatue Management, Felicis Ventures, Insight Partners, and Sapphire Ventures.

Weights and Biases, Inc. provides a platform that helps teams build and collaborate on machine learning (ML) models and operations (MLOps). Its services and tools help its users track their models, visualize model performance, and automate training and model improvement. The company's product, Benchmarks, enables collaboration on the same machine learning models. Its products include lightweight experiment tracking, collaborative dashboards, dataset and model versioning, interactive data visualization, and hyperparameter optimization.

The company generates revenue through its cloud-hosted and self-hosted software subscription packages.

The company plans to use the 2023 funding to continue building out its platform, adding new and better functionality, and scaling its growth in the ML community.

## Funding rounds

- Series C, Oct 13, 2021, $133M — Insight Partners, Coatue Management, Felicis Ventures, Gaingels, Bond
- Series B, Feb 1, 2021, $45M — Insight Partners, Trinity Ventures, Coatue Management, Bloomberg Beta
- Series B, May 30, 2019, $15M — Coatue Management
- Series A, May 31, 2018, $5M — Trinity Ventures, Bloomberg Beta, Hack VC

## Investors

- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series A, Series B
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Series A, Series B
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C
- Bond (https://capitalatlas.ai/funds/bond) — Series C