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Min Investment
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$5,000
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Offering Date
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February 02, 2023
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Expected Close Date
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March 01, 2023
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Valuation
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$40,000,000
Company Description
As language models get more complex, they also get more expensive to create and run, locking out a lot of companies. It's very hard for places with smaller budgets to get the same level of results as tech giants like Google. Additionally, building out a high performance data science team with extensive data literacy skills is a hefty investment, since the average salary for a data scientist working in the U.S. is $195K. Research indicates that the number will likely rise, as the U.S. is predicted to experience a shortage of 250K data scientists by 2024.
Key Deal Facts
Gives teams the fastest framework for post model pipeline
Recent customers include a $25B global silicon chip manufacturer
Financial projections of $500K ARR EO23 → $4M EO24 with 90% gross margins
Targets a $15B market that is experiencing non-linear growth
Seed+ round was quickly oversubscribed, so it has been extended to $1M
Already raised $2.3M from top-tier VC funds, Sequoia and Eniac, and angels
Built by alumni from Meta, WorldQuant USA, Reflektion, and more
