[Funding News] Maxim AI Secures $3 Mn Funding from Elevation Capital

In a funding round sponsored by Elevation Capital, Maxim AI, which assists developers in the evaluation and monitoring of their artificial intelligence applications, has secured $3 million.

The startup stated that the proceeds will be allocated to the expansion of the team and the scaling of operations to facilitate partnerships with additional enterprises that are developing AI products.

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Angel investors, including the founders of Postman, Chargebee, Groww, Razorpay, and Media.net, also participated in the round.

Maxim AI platform facilitates the assessment of AI applications throughout the development lifecycle, which encompasses engineering, pre- and post-release testing, data administration, and fine-tuning procedures.

Maxim AI provides services to clients in a variety of industries, including healthcare, banking, financial services and insurance (BFSI), and software-as-a-service (SaaS).

Vaibhavi Gangwar, co-founder, Maxim AI, said: “We are committed to expanding these platform capabilities that we have built, including more proprietary domain-specific evaluations, for both quality and security, as well as our data engine to accelerate this reliable and scalable deployment of AI,”

About Maxim AI

Founded in 2023 by Vaibhavi Gangwar and Akshay Deo, Maxim building an enterprise-grade generative AI evaluation and observability platform to empower modern AI teams to ship their applications with quality, reliability, and speed.

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