Klu, London's AI optimization platform, raises €1.6 million

new.blicio.us Follow Oct 25, 2022 · 1 min read
Klu, London's AI optimization platform, raises €1.6 million
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Klu.ai , a London-based startup, has raised €1.6 million in pre-seed funding to enable companies to deploy and build their own AI-driven apps. The funding round was led by Firstminute Capital, with familiar investment firms Sequoia Capital, Craft Ventures, a16z and IBM trailing behind.

Klu’s platform enables companies to create and deploy AI-driven applications without the need for extensive coding or data science skills. The platform uses a no-code interface, making it accessible to a wide range of users. Klu’s technology also allows users to integrate AI models into their existing workflows, making it easier to leverage the power of AI in their operations.

The platform has already been used by several businesses in the healthcare, finance, and logistics sectors. For example, a leading healthcare provider used Klu’s platform to develop an AI-powered system to help doctors diagnose and treat patients more accurately and efficiently. Another logistics company used Klu’s technology to optimize their supply chain operations, resulting in significant cost savings.

The pre-seed funding will be used to further develop Klu’s platform and expand its team. The company plans to use the funding to invest in research and development, enhance its AI technologies, and scale its operations.

Klu’s founder and CEO, Anand Chowdhary, said: “We are excited to have the support of Connect Ventures and our other investors as we continue to build and expand our platform. Our goal is to democratize AI and make it accessible to businesses of all sizes and industries, and this funding will help us to achieve that.”

Klu’s innovative platform has the potential to transform the way businesses use AI. With its no-code interface and easy integration, Klu is making AI more accessible and enabling businesses to unlock the full potential of this powerful technology.

Klu, founded in 2022 by Stephen M. Walker II and Stefan Sabev, has been serving over 500,000 requests weekly, with an average weekly growth rate of 10%. With offices in London and San Francisco, Klu primarily serves B2B SaaS companies like Colab, Zavvy, and Productlane.

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