AI development platform provider Inspeq AI announced that it has raised $1.1 million (approximately INR 9.13 crore) in a pre-Series-A investment round. AI investment firm Sure Valley Ventures led the funding round, with participation from Delta Partners. Other investors in the round include Plug and Play and several marquee angel investors, including Gaurav Singh Kushwaha (founder and CEO of BlueStone), Prateek Dixit (founder of Pocket FM), Rick Kelly (former MD of Meta Ireland), Cyril Treacy (former VP of Salesforce), and other tech executives.
Inspeq AI said it plans to use this investment to expand its product development team and extend its marketing and sales operations in India, Ireland, and the UK. “This investment will greatly accelerate Inspeq AI's growth trajectory as we work towards advancing AI safety and performance on a global scale,” said Apoorva Kumar, co-founder and CEO of Inspeq AI.
Inspeq AI was founded in 2023 in Dublin, Ireland, by senior tech leaders Apoorva Kumar (formerly at Microsoft, SAP, Amazon, and Informatica) and Ramanujam Macharla Vijayakumar (formerly at LinkedIn). The company has built an enterprise-ready LLM Ops platform to help developers evaluate and improve their enterprise AI applications. The company’s platform promises to make Gen AI app development up to 4X faster. The platform also promises to cut down on development costs by up to 70 per cent.
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Inspeq AI’s comprehensive AI Ops platform addresses the entire spectrum of AI development and production phases. Powered by cutting-edge research and advanced AI/ML models, the platform optimizes Gen AI deployment throughout all phases, from testing and evaluation to monitoring and performance enhancement.
Ramanujam Macharla Vijayakumar, Co-Founder and CTO of Inspeq AI, said, “As AI regulations grow globally, Inspeq is well-positioned to lead AI compliance for DevOps practices."
Inspeq AI considers itself a leading technology firm dedicated to advancing responsible AI development. The company specialises in innovative AI Ops solutions that optimize Gen AI production and development worldwide. Through cutting-edge research and advanced AI/ML models, Inspeq AI enhances the reliability and trustworthiness of AI applications across diverse domains, as per a company statement.
