AI Observability platform Arthur secured $15 million in Series A funding


Arthur, a New York-based Artificial Intelligence observability platform has recently secured $15 million in a Series A funding round.

Arthur is founded by Adam Wenchel in the year 2018. It is a proactive model monitoring solution to simply monitor the performance of the AI deployments and catch the fix issues before they derail users' models. The solution features advanced performance monitoring, customizable alerts, and bias detection.

Executive Opinion

Co-Founder and CEO of Arthur, Adam Wenchel, said, "When you take your models out of the lab and put them in the real world, things can get unpredictable. The world is a dynamic place. AI is embedded in so many industries where we need to know how these models are working to ensure both high performance and transparency"

Mike Volpi, a partner at Index Ventures who led the round for Arthur, said, "Most data scientists would prefer to focus on solving the next big problem rather than babysitting their models. But nobody wants a runaway mistake that hurts their customers and their ROI. If we create better guardrails, teams can move faster and deploy more quickly without being reckless. We believe the future of AI is fairness and better bottom lines."

Arthur's Latest Funding

The round was backed by Index Ventures with participation from Plexo Capital and Acrew.

The company as of now has plans to use the new funds to scale operations and meet surging customer demand and to accelerate the delivery of key capabilities which makes AI monitoring, model performance management available to all organizations.

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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