Company News

Apr 24, 2024

Log10 raises $7.2 Million in Seed Funding Led by TQ Ventures and Quiet Capital

We are thrilled to announce that Log10, has raised $7.2 million in seed funding led by TQ Ventures and Quiet Capital, with participation from Essence Venture Capital. This funding is a testament to the confidence our investors have in our company, our team, and our developer-centered platform that seamlessly integrates with LLM-powered applications.

Between our combined 20+ years in AI and at companies such as Nervana, Intel and MosaicML, we have spanned a spectrum of technologies encompassing hardware, software frameworks & compilers, algorithms research, data science, agents and distributed cloud computing. We have seen several cycles of hype as well as productive value extracted from AI. One trend has stayed constant - for AI to drive enduring value, accuracy and trust are key. Incorrect, biased or hallucinated outputs from AI generally do not scale beyond toy demos.

So when we founded Log10, our mission was clear: to significantly improve the accuracy of LLM-powered applications and enable developers to create reliable and engaging AI experiences for their customers. We recognized the challenges developers faced in scaling their applications while maintaining high accuracy rates, and we set out to solve this problem leveraging our breadth of experiences.

Our platform integrates seamlessly with LLM-powered applications as well as most foundational models, and employs model fine-tuning and prompt optimization along with synthetic data to mimic human review and improve accuracy rates. This not only saves developers time and money on manual review and debugging but also results in faster development cycles and more accurate outputs for their customers.

We are excited to have the backing of investors with deep experience in AI, devtools and infra who share our belief in the transformative power of AI. With this new funding, we will be able to accelerate the development of our technology, scale our operations, and help even more developers build groundbreaking AI applications. Joining our institutional investors are our angels including Scott and Cyan Banister, Erik Bernhardsson (Modal), Demetrios Brinkmann (MLOps Community), Charles Dietrich, Avid Larizadeh Duggan, Will Freiberg (Crux), Tristan Handy (dbt Labs), Freddy Kerrest (Okta), Tobi Knaup (Nutanix), Avlok Kohli (AngelList), Vladlen Koltun, Alexander Kvamme (EchoAI), Chase Lochmiller (Crusoe Cloud), Zeena Qureshi (Sonatic/ex Spotify), Naveen Rao (Databricks/MosaicML), Lee Redden (John Deere/Blue River), Nitin Sharma and Yichen Wu.

Looking ahead, we are more motivated than ever to push the boundaries of what's possible with AI and empower developers to create truly innovative and impactful applications. We are proud of what we've accomplished so far, but we know there is still so much more to be done.

To our early customers, like EchoAI, OpenBB, Lime, Pendium, Doppler and others who have trusted us to help them improve their products and deliver exceptional customer experiences, we want to express our deepest gratitude. Your feedback and support have been instrumental in shaping our platform and driving our success.

As we embark on this new chapter, we remain committed to our core values of innovation, collaboration, and customer-centricity. We believe that by working closely with our customers and staying at the forefront of AI technology, we can help shape the future of this exciting industry and make a lasting impact on the world.

Thank you to everyone who has supported us on this journey – our investors, customers, partners, and team members. We can't wait to see what the future holds for Log10 and the AI community as a whole.

Ready to Optimize LLM Accuracy at Scale?

Ready to Optimize LLM Accuracy at Scale?

Ready to Optimize LLM Accuracy at Scale?

Ready to Optimize LLM Accuracy at Scale?