Responsible AI development platform provider Inspeq AI has raised $1.1 million (approximately Rs 9.13 crore) in a pre-Series-A funding round led by Sure Valley Ventures, with participation from Delta Partners. Additional investors in this round include Plug and Play, alongside several notable angel investors such as Gaurav Singh Kushwaha (founder and CEO of BlueStone), Prateek Dixit (founder of Pocket FM), Rick Kelly (former MD of Meta Ireland), and Cyril Treacy (former VP of Salesforce).
The newly acquired funds will be utilized to expand Inspeq AI’s product development team and enhance its marketing and sales operations across India, Ireland, and the UK.
Founded in 2023 in Dublin by Apoorva Kumar and Ramanujam Macharla Vijayakumar, Inspeq AI has developed an enterprise-ready LLM Ops platform designed to help developers evaluate and improve their enterprise AI applications. The platform promises to accelerate generative AI app development by up to four times and reduce development costs by as much as 70%.
Inspeq AI’s comprehensive AI Ops platform covers the entire spectrum of AI development and production phases, optimizing generative AI deployment from testing and evaluation to monitoring and performance enhancement. This end-to-end solution aims to streamline the AI development process, making it more efficient and cost-effective for enterprises.