Despite being pre-revenue and pre-launch, Distributional has raised $11 million in a seed round led by Andreessen Horowitz. Clark believes that the company's software, which is designed to meet the data privacy, scalability and complexity requirements of large enterprises, sets it apart from competitors. The company plans to start generating revenue next year once its platform launches in general availability and some of its design partners convert to paid customers.
Key takeaways:
- Scott Clark, co-founder of AI training and experimentation platform SigOpt, has launched a new company called Distributional, which aims to make AI safe, reliable, and secure.
- Distributional's core product is designed to detect and diagnose AI "harm" from large language models and other types of AI models, offering organizations a complete view of AI risk in a pre-production environment.
- The company is still in its early stages and is co-designing the product with enterprise partners. It aims to start generating revenue next year once its platform launches in general availability.
- Distributional has raised $11 million in a seed round led by Andreessen Horowitz’s Martin Casado, with participation from Operator Stack, Point72 Ventures, SV Angel angel investors.