Amount Raised
$4 Million
Round Type
Seed
Investors
Description
Trustwise, a company specializing in generative AI application performance and risk management, raised $4M in seed financing led by Hitachi Ventures, with participation from Firestreak Ventures and Grit Ventures. The company intends to use the funds to speed up the development of cost and risk optimized generative AI prototypes for various industries, accelerate its go-to-market and partnership strategy, and further its research initiatives.
Quick answer
Trustwise raised $4 Million in a Seed round, dated June 19, 2024. Investors: Grit Ventures, Firestreak Ventures and Hitachi Ventures. Trustwise is based in Austin, Texas, United States.
- How much did Trustwise raise?
- Trustwise raised $4 Million in a Seed round on June 19, 2024.
- Who invested in Trustwise?
- Grit Ventures, Firestreak Ventures and Hitachi Ventures are named as investors in this round.
- What does Trustwise do?
- Trustwise Optimize:ai is a first-of-its-kind generative AI application performance and risk management solution that provides developers with an API to eliminate risks and reduce the growing costs associated with..
- Where is Trustwise based and how big is it?
- Trustwise is based in Austin, Texas, United States. Fundz records about 12 employees.
- Who are the decision-makers at Trustwise?
- Fundz holds 3 contacts at Trustwise, including the President & COO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as Trustwise that raised within 45 days of this round, from Fundz verified event records.
- Gnani AI raised $4M (Funding Round) on August 2, 2024.
- DELIVERS.AI raised an undisclosed amount (Funding Round) on August 2, 2024.
- Ema raised $36M (Series A) on July 31, 2024.
- EvolutionIQ raised $20M on July 30, 2024.
- Axle Automation raised $2.5M (Seed) on July 29, 2024.
- Tech1M raised $750K (Pre-Seed) on July 26, 2024.
Who to call at Trustwise, and when
A new round usually means Trustwise is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Trustwise raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Trustwise, from your own LinkedIn network
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Related People
Trustwise raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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