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Modelbit - About the company

Modelbit is a seed company based in San Francisco (United States), founded in 2022 by Tom O Neill and Harry Glaser. It operates as an AI and cloud-based platforms to deploy ML models. Modelbit has raised $4.25M in funding. The company has 239 active competitors, including 47 funded and 3 that have exited. Its top competitors include companies like Baseten Technologies, Liquid AI and Striveworks.

Company Details

AI and cloud-based platforms to deploy ML models. It offers solutions to deploy models to the modern data stack using its data science tools. It offers model versioning management, to manage and serve models after deployment. It also supports deployment to Snowflake, Redshift, and REST.
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Email ID
*****@modelbit.com
Key Metrics
Founded Year
2022
Location
San Francisco, United States
Stage
Seed
Total Funding
$4.25M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
2 as on Jul 01, 2024
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Modelbit's funding and investors

Modelbit has raised a total funding of $4.25M over 1 round. Its latest funding round was a Seed round on May 16, 2023 for $*****. 2 investors participated in its latest round. Modelbit has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Modelbit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 16, 2023
6838935
Seed
2907099
2946834
9646805
3455119
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Modelbit's founders and board of directors

Founder? Claim Profile
The founders of Modelbit are Tom O Neill and Harry Glaser. Harry Glaser is the CEO of Modelbit.
Here are the details of Modelbit's key team members:

Modelbit's employee count trend

Modelbit has 2 employees as of Jul 24. Here is Modelbit's employee count trend over the years:
Employee count trend for Modelbit
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Modelbit's Competitors and alternates

Top competitors of Modelbit include Baseten Technologies, Liquid AI and Striveworks. Here is the list of Top 10 competitors of Modelbit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Baseten Technologies
Baseten Technologies
2019, San Francisco (United States), Series E
Platform offering low code based ML powered application development software
$585M
66/100
2nd
Logo for Liquid AI
Liquid AI
2023, Brookline (United States), Series A
Developer of efficient AI models and deployment platforms for various applications
$297M
64/100
3rd
Logo for Striveworks
Striveworks
2018, Austin (United States), Series D
Developer of AIOps platform for artificial intelligence model deployment and management
$51M
62/100
4th
Logo for webAI
webAI
2003, Grand Rapids (United States), Series A
Developer of a platform for building and deploying custom AI
$60M
60/100
5th
Logo for Base Two
Base Two
2022, Toronto (Canada), Series A
Provider of an AI platform for process optimization in manufacturing
$17.2M
60/100
6th
Logo for Inspeq AI
Inspeq AI
2023, Dublin (Ireland), Seed
AI platform for evaluating AI applications
$1.1M
58/100
7th
Logo for Human Signal
Human Signal
2016, London (United Kingdom), Series A
Developer of a platform providing physiological data insights and analysis
$30M
56/100
8th
Logo for Wallaroo.AI
Wallaroo.AI
2017, Brooklyn (United States), Series A
Provider of an enterprise platform for AI production data
$34.4M
55/100
9th
Logo for Nod
Nod
2013, Palo Alto (United States), Acquired
Provider of neural network-powered solutions for training and deployment of ML models
$19M
54/100
10th
Logo for Friendli
Friendli
2021, Redwood City (United States), Seed
Provider of generative AI inference solutions for production environments
$20M
53/100
24th
Logo for Modelbit
Modelbit
2022, San Francisco (United States), Seed
AI and cloud-based platforms to deploy ML models
$4.25M
39/100
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Modelbit's Investments and acquisitions

Modelbit has made no investments or acquisitions yet.

Reports related to Modelbit

Here is the latest report on Modelbit's sector:

FAQs about Modelbit

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