Responsible AI development platform provider Inspeq AI has raised $1.1 million (approx. Rs 913 crore) in a pre-Series A round of funding. The funding was led by Sure Valley Ventures, with participation from Delta Partners.
Other investors include Plug and Play as well as other notable angel investors such as Gaurav Singh Kushwaha (Founder and CEO of BlueStone), Prateek Dixit (Founder of Pocket FM), Rick Kelly (Ex-MD of Meta Ireland) and Cyril Treacy (Ex-VP at Salesforce) as well as other tech executives.
The funding will support Inspeq AI's plans to expand its product development team and ramp up its marketing and sales activities in India, Ireland and the UK.
Founded in Dublin in 2023 by Apoorva Kumar and Ramanujam Macharla Vijayakumar, Inspeq AI has developed an enterprise-ready LLM Ops platform that helps developers evaluate and power enterprise AI applications.
Inspeq AI's platform aims to accelerate Gen AI app development by up to 4x and reduce development costs by up to 70%, providing a comprehensive AI Ops platform that covers all phases of AI development and production.
The platform optimizes Gen AI deployment across various phases including testing, evaluation, monitoring, and performance enhancement.
“This investment will significantly accelerate Inspeq AI's growth trajectory in our efforts to advance AI safety and performance at scale,” said Apoorva Kumar, co-founder and CEO of Inspeq AI. “Having the backing of such prominent investors brings us one step closer to realizing our mission to become the global leader in safe and trustworthy AI.”
