EdgeRunner AI, a Seattle, WA-based chief in domain-specific, air-gapped, on-device AI brokers for navy and enterprise, closed its $12M Sequence A funding.
The spherical was led by Madrona Ventures with participation from seed lead 4 Rivers Ventures and joined by new traders HP Tech Ventures and Alumni Ventures. This brings EdgeRunner AI’s whole funding to $17.5M. Matt McIlwain, Managing Director at Madrona Ventures, will likely be becoming a member of EdgeRunner AI’s board of administrators.
The corporate will use the brand new capital to develop its workforce and put money into product growth.
Led by Tyler Saltsman, CEO, and Colton Malkerson, COO, EdgeRunner AI affords a Generative AI platform that delivers occupation and mission-specific AI brokers air-gapped on-device. Particularly developed for the warfighter, this know-how affords each protection and enterprise customers a hyper-personalized assistant powered by AI brokers that features unbiased of web connectivity.
The platform is powered by a number of open-source Massive Language Fashions (LLMs) optimized for operating regionally on-device, comparable to AI PCs or edge computing gadgets, and affords customers a number of options, together with chat, Q&A, summarization, language translation, transcription, code era, multi-document RAG (PDF, Phrase, PowerPoint), text-to-speech, speech-to-text, and gear operate calling integrations (Microsoft Outlook, Google Workspace, Slack, and extra). Occupation-specific adapters for varied navy personas, comparable to logistics, upkeep, and acquisitions, present customers extra correct and related responses.
By operating regionally on-device, the platform is vitality environment friendly, efficient, and supplies elevated information privateness, safety, and reliability in Denied, Disrupted, Intermittent, and Restricted (DDIL) environments.
EdgeRunner AI has signed a Cooperative Analysis and Improvement Settlement (CRADA) with the U.S. Air Power Analysis Laboratory (AFRL) to advance cutting-edge, agentic on-device AI know-how for the warfighter. By means of the CRADA, AFRL and EdgeRunner AI will develop AI brokers custom-made for the Air Power, particularly focusing on distinctive occupational specialties (AFSCs).
Final week, the corporate was designated as an “Awardable” vendor for the Division of Protection (DoD) Chief Digital and Synthetic Intelligence Workplace’s (CDAO) Tradewinds Options Market. EdgeRunner AI’s platform has been added to the Market and is obtainable to assist vital missions throughout the DoD.
FinSMEs
01/05/2025
