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HomeInsightFunding Alert Deeptech Startup Portkey.ai Secures $3mn In Seed Round

[Funding alert] Deeptech Startup Portkey.ai Secures $3mn In Seed Round

[Funding alert] Deeptech Startup Portkey.ai Secures $3mn In Seed Round

A deptech firm called Portkey.ai has acquired USD 3 million in seed funding to help companies create AI apps more quickly using large language models (LLMs).

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Lightspeed Venture Partners led the round, with the help of angel investors. Both the founders of Portkey.ai are passionate about making it simpler for companies to develop and deploy AI apps and have a wealth of experience in the AI sector, as per reported by BW Disrupt.

Businesses can use the tools on Portkey.ai’s platform to monitor their LLMOps, connect to other LLMs, test out various prompts, and enhance the functionality of their AI apps. Additionally, the business provides extensive connections with top LLM suppliers including OpenAI, Anthropic, and Langchain.

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The money will be used by Portkey.ai to expand its operations and develop new product features. The business intends to increase the number of engineers and product managers it employs as well as create new features that will make it even simpler for companies to create AI applications.

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Rohit Agarwal, Co-founder of Portkey.ai, said, “We are excited to partner with Lightspeed and our angel investors. This funding will help us accelerate our growth and make it possible for even more businesses to benefit from the power of AI.”

The fundraising round represents a big accomplishment for Portkey.ai and is a reflection of the growing demand for AI-driven corporate productivity products. With this funding, Portkey.ai is in a strong position to dominate the market for developing AI applications.

About Portkey.ai

Portkey enables companies to develop, launch, maintain & iterate over their generative AI apps and features faster. Companies can add observability, model management, experimentation, and compliance to their products through an integration that takes less than a minute.

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