Mage, a Santa Clara, Calif.-based collaborative AI tool for product developers, raised $6.3m in seed funding.
The round was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from firms such as Neo and Designer Fund and angel investors such as Unity CEO John Riccitiello, Behance founder Scott Belsky, Lenny’s Newsletter author Lenny Rachitsky and James Beshara.
Co-founded by Tommy Dang and Xiaoyou Wang, Mage is a low-code tool built for product developers, making it easy for product teams to build, train, and integrate AI into their apps. Its design allows product developers to import and transform data from anywhere; train, enhance, and deploy models quickly, without relying on data scientists. While Mage’s tool can serve many use-cases, the team is currently focused on optimizing customer product engagement and revenue growth
Still in beta with plans to launch in early 2022, Mage is focused on serving small to medium-sized companies. The startup is actively hiring for a variety of roles in product design and engineering and plans to use the new capital to build AI tools that enable product teams to train a new model or leverage an existing one without AI experience.
FinSMEs
20/10/2021