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.
- Website
- modelbit.com
- 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
24th among 239 active competitors
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 |
View details of Modelbit's funding rounds and investors
Modelbit's founders and board of directors
Founder? Claim ProfileHere are the details of Modelbit's key team members:
- Tom O Neill: Co-Founder of Modelbit. Contact Info: 1 email address
- Harry Glaser: Co-Founder & CEO of Modelbit. Contact Info: 1 email address
View details of Modelbit's Founder profiles and Board Members
Modelbit's employee count trend
Modelbit has 2 employees as of Jul 24. Here is Modelbit's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Baseten Technologies 2019, San Francisco (United States), Series E | Platform offering low code based ML powered application development software | $585M | 66/100 | |
2nd | Liquid AI 2023, Brookline (United States), Series A | Developer of efficient AI models and deployment platforms for various applications | $297M | 64/100 | |
3rd | Striveworks 2018, Austin (United States), Series D | Developer of AIOps platform for artificial intelligence model deployment and management | $51M | 62/100 | |
4th | webAI 2003, Grand Rapids (United States), Series A | Developer of a platform for building and deploying custom AI | $60M | 60/100 | |
5th | Provider of an AI platform for process optimization in manufacturing | $17.2M | 60/100 | ||
6th | AI platform for evaluating AI applications | $1.1M | 58/100 | ||
7th | Human Signal 2016, London (United Kingdom), Series A | Developer of a platform providing physiological data insights and analysis | $30M | 56/100 | |
8th | Wallaroo.AI 2017, Brooklyn (United States), Series A | Provider of an enterprise platform for AI production data | $34.4M | 55/100 | |
9th | Nod 2013, Palo Alto (United States), Acquired | Provider of neural network-powered solutions for training and deployment of ML models | $19M | 54/100 | |
10th | Friendli 2021, Redwood City (United States), Seed | Provider of generative AI inference solutions for production environments | $20M | 53/100 | |
24th | 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
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