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Guardrails AI Raises $7.5M in Seed Funding

Mar 11, 2024 - finsmes.com
Guardrails AI, a San Francisco-based AI assurance company, has raised $7.5M in seed funding. The round was led by Zetta Venture Partners and included participation from Bloomberg Beta, Pear VC, Factory, GitHub Fund, and AI angels such as Ian Goodfellow from DeepMind and Logan Kilpatrick from OpenAI. The funding will be used to expand the company's engineering and product teams and to continue advancing its products.

The company, led by CEO Shreya Rajpal, builds tools to measure, monitor, and mitigate AI risks. It has also introduced Guardrails Hub, an open-source product that allows developers to build, contribute, share, and reuse advanced validation techniques. The hub already has 50 pre-built validators, many of which were contributed by a community of individuals and organizations.

Key takeaways:

  • Guardrails AI, an AI assurance company, has raised $7.5M in Seed funding led by Zetta Venture Partners, with participation from Bloomberg Beta, Pear VC, Factory, GitHub Fund, and AI angels.
  • The company plans to use the funds to expand its engineering and product teams and to continue to advance its products.
  • Guardrails AI has introduced Guardrails Hub, an open source product that allows developers to build, contribute, share, and re-use advanced validation techniques, known as validators.
  • The company's CEO, Shreya Rajpal, emphasized their commitment to responsible AI development and described Guardrails Hub as an open and collaborative platform for safely adopting GenAI technologies.
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