ModelOp, a Chicago, IL-based supplier of AI Governance software program for enterprises, raised $10M in Collection B funding.
The spherical was led by Baird Capital with participation from present traders.
The corporate intends to make use of the funds to speed up its product innovation and enterprise experience.
Led by CEO Pete Foley, ModelOp gives AI Governance software program for enterprises and helps safeguard all AI initiatives, together with generative AI, massive language fashions (LLMs), in-house, third-party, and embedded programs, with out stifling innovation. By means of automation and integrations, it empowers enterprises to shortly handle the essential governance and scale challenges essential to guard and enhance the transformational worth of enterprise AI, leading to efficient and accountable AI programs.
FinSMEs
19/08/2024