Trustwise, an Austin, TX-based company which specializes in generative AI application performance and risk management, raised $4M in seed financing.
The round was led by Hitachi Ventures with participation from Firestreak Ventures and Grit Ventures.
The company intends to use the funds to speed up the development of cost and risk optimized generative AI prototypes for various industries, accelerate its go-to-market and partnership strategy, and further its research initiatives.
Led by CEO and Founder Manoj Saxena, Trustwise helps organizations innovate with generative AI. Its flagship product, Trustwise Optimize:ai, is a generative AI application performance and risk management API that performs red teaming and provides an AI safety, cost, and risk optimization layer for enterprise environments. Used by enterprises across various regulated industries, Optimize:ai API works with any AI model, supports various cloud, on-premises, and edge architectures, and is capable of handling large-scale generative AI operations and workloads.
The company has research labs in Cambridge, UK, and New York.
FinSMEs
19/06/2024