OpenPipe Analysis: $7M Raised
What is OpenPipe?
OpenPipe is a platform that allows users to train and deploy fine-tuned models, providing cost savings and improved quality over traditional models like GPT-4.
Employees
2
Founded
2023
Revenue
<$5M
Product Features & Capabilities
- Fine-tuning for production apps, Direct Preference Optimization (DPO) support, higher-quality and faster models, automatic data capture, two-click model training, automated deployment, LLM-as-judge evaluations, intuitive data and model management, flexible pricing plans, SOC 2 Type 2, HIPAA, GDPR co
Pricing
-
Developer Plan:
- Per-Token pricing
- From $0.48 per 1M tokens for training
- $0.30 for input and $0.45 for output
- Includes autoscaling, metrics & analytics
- 50k training rows per dataset
- Up to 50 fine-tuned models
-
Business Plan:
- Enterprise pricing
- Includes everything
How much OpenPipe raised
Seed - $6.7 million
March 25, 2024Lead Investor: Costanoa Ventures, Y Combinator
Who are the founders of OpenPipe
KC
Kyle Corbitt
Founder
DC
David Corbitt
Founder
Market Focus
OpenPipe primarily focuses on the artificial intelligence and machine learning industry, specifically in providing tools for training and deploying fine-tuned models.
Investors
- Costanoa Ventures
- Y Combinator
- Logan Kilpatrick (angel investor)
- Three other unnamed investors
Business Model
Charges for fine-tuning models and usage in production; flexible pricing based on tokens.
Competitors Overview
OpenPipe operates in a competitive landscape with several notable players in the AI model training and deployment market. The main competitors include:
- Scale AI:
- Overview: Scale AI provides a platform for data labeling and model training, focusing on high-quality data for machine l
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