HomeInsightFUNDING NEWS- Newly Funded Startups 2024 EcoRating Secures $1 Mn Pre-seed Funding Round

[Funding News] EcoRating Secures $1 Mn Pre-seed Funding Round

[Funding News] EcoRating Secures $1 Mn Pre-seed Funding Round
Aditi Balbir, co-founder, EcoRatings

Cleantech firm EcoRatings raised $1 million (INR 8.3 crore) in grants and stock from a variety of investors, including We Founder Circle, 888 VC, Vinners, Indigram Labs Foundation, and Google.

The funds will go towards adding multi-modal features, expanding the quantity of tokens, and acquiring paid data sources.

Read also – Turno Secures $5.5 Mn Funding Led by BII

EcoRatings platform processes contextually relevant data from both internal and external sources, analysing large datasets to deliver exact answers and turning insights into real-time chat responses.

The startup states that it has more than fifty paying customers. Its unique selling proposition is that it is a huge language model tailored to a particular domain, much as ChatGPT but specialised for the sustainability domain.

Aditi Balbir, co-founder, EcoRatings, said: “Our Gen AI platform is a solution for organisations striving to meet their sustainability goals. With the new investment, we look forward to further work on our large language model specific to the sustainability domain.” 

About EcoRating

Founded in 2023 by Aditi Balbir, Aqeel Ahmed and Shruti Anand, EcoRatings is a Clean-Tech company pioneering a Gen AI unified knowledge platform.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.

Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.

Viestories

RELATED ARTICLES
- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -