Spice AI secured $1 million in pre-Seed funding

Spice AI

Spice AI, a Washington based startup enabling developers to integrate AI into their apps, has now secured $1 million in pre-seed funding round.

Spice AI is founded by Philip LeBlanc and Luke Kim. It takes a developer-first approach to build intelligent applications. Its first release is an open-source project that helps the developers to access machine learning tools in minutes instead of months.

With the help of time series data, Spice.ai lets the developers create apps that learn and adapt using AI-powered recommendations. The platform then lets developers improve those AI capabilities with the modern CI/CD and fast local development cycles workflows.

Executive Opinion

Luke Kim, CEO of Spice AI, said, "Building intelligent apps that leverage AI is still way too hard, even for advanced developers. Our mission is to make it as easy as creating a modern web page. This mission is in service of our vision to make quality-of-life improving AI accessible to all".

Aseem Datar, Partner, Madrona Venture Group, said, "Madrona has been investing in intelligent applications for nearly a decade and are excited by Luke and Phillip’s vision to seamlessly bring AI development into existing workflows for developers to accelerate and build high-quality applications. This is just the beginning, and I am excited to be on this journey together and work with such a talented team from day one to make it real."

Spice AI's Latest Funding

It is backed by various technology leaders, which include Mark Russinovich (CTO of Microsoft Azure) and Nat Friedman (CEO of GitHub). Other participating investors include Picus Capital, Madrona Venture Group, Founder’s Co-Op, Elysium Venture Capital, and Cardinia Ventures.

The company, as of now, has plans to use the new funds to build the core team in the Pacific Northwest and is currently hiring machine learning and full-time software engineers.
PC: Pixabay

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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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