Distyl, a San Francisco, CA-based provider of automation solutions for AI processes, raised $20M in Series A funding.
The round was led by Lightspeed Venture Partners, with participation from Khosla Ventures, Coatue, Dell Technologies Capital, Nat Friedman and angel investors.
The company intends to use the funds to accelerate its efforts to build its AI engineering and research team.
Led by CEO Arjun Prakash, Distyl combines AI-native software with an engineering and research team to customize AI building blocks for rapid implementation and results at enterprise scale. The company’s solutions are tailored to the workflow and data considerations of the most complex organizations – all while using their proven software accelerants, Distillery, to drive rapid value against the most exigent needs. The team’s research and engineering efforts focus on developing technologies that enable AI systems and agents to transform organizational knowledge into AI-native processes, automating business tasks with reliability.
The company serves Fortune 100 leaders across healthcare, telecommunications, CPG, retail and manufacturing industries.
FinSMEs
19/11/2024