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ModelOp raised $10M in a funding series B to enhance AI governance solutions.

PRIVATEAug 20, 2024

Amount Raised

$10 Million

Round Type

Series B

ChicagoInformation TechnologySoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingComputer Vision

Description

ModelOp, an AI governance company, has successfully secured $10 million in its Series B funding round. The funds will be utilized to further develop their product offerings and expand their market reach.

Quick answer

ModelOp raised $10 Million in a Series B round, dated August 20, 2024. ModelOp is based in Chicago, Illinois, United States.

How much did ModelOp raise?
ModelOp raised $10 Million in a Series B round on August 20, 2024.
What does ModelOp do?
ModelOp is a company focused on AI governance, providing solutions to ensure responsible and ethical use of artificial intelligence.
Where is ModelOp based and how big is it?
ModelOp is based in Chicago, Illinois, United States. Fundz records about 45 employees.
Who are the decision-makers at ModelOp?
Fundz holds 2 contacts at ModelOp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Computer Vision around the same time

Companies in the same sectors as ModelOp that raised within 45 days of this round, from Fundz verified event records.

  • webAI raised $60M (Series A) on September 10, 2024.
  • LLUMO AI raised $1M (Seed) on August 21, 2024.
  • Kong raised $80M on August 6, 2024.
  • Voyage AI raised $20M (Series A) on October 3, 2024.
  • KomboAI raised $772K (Pre-Seed) on October 3, 2024.
  • Billables AI raised $3.9M (Seed) on October 2, 2024.

Who to call at ModelOp, and when

A new round usually means ModelOp is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ModelOp raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ModelOp, from your own LinkedIn network

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Company Information

Company

ModelOp

Location

Chicago, Illinois, United States

About

ModelOp is a company focused on AI governance, providing solutions to ensure responsible and ethical use of artificial intelligence. Their platform helps organizations manage AI models throughout their lifecycle, ensuring compliance and operational integrity. By streamlining governance processes, ModelOp empowers businesses to leverage AI technologies effectively while mitigating risks. Founded to address the challenges of AI deployment, ModelOp plays a critical role in the evolving landscape of enterprise AI management.

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Fundz sees it the moment ModelOp raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

ModelOp raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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