ModelOp, a Chicago, IL-based provider of AI Governance software for enterprises, raised $10M in Series B funding.
The round was led by Baird Capital with participation from existing investors.
The company intends to use the funds to accelerate its product innovation and enterprise expertise.
Led by CEO Pete Foley, ModelOp provides AI Governance software for enterprises and helps safeguard all AI initiatives, including generative AI, large language models (LLMs), in-house, third-party, and embedded systems, without stifling innovation. Through automation and integrations, it empowers enterprises to quickly address the critical governance and scale challenges necessary to protect and improve the transformational value of enterprise AI, resulting in effective and responsible AI systems.
FinSMEs
19/08/2024