Patronus AI Analysis: $20M Raised
What is Patronus AI?
Patronus AI specializes in evaluating and optimizing AI products, particularly large language models (LLMs). Their research-first approach enhances the detection of issues like hallucinations, improving AI reliability. This enables organizations to build trust in their AI systems and enhance performance in production environments.
HQ Country
Dublin, United States
Employees
11-50
Founded
2023
Industry
SaaS, AI/ML
Product Features & Capabilities
- Patronus API for LLM evaluation
- Custom evaluators for specific use cases
- Industry-standard datasets for benchmarking
- Real-time evaluation with fast API response times
- Continuous logging and failure detection for AI agents.
How much Patronus AI raised
Seed - $3 million
September 2023Lead Investor: Lightspeed Venture Partners, Factorial Capital, and several executives from Fortune 500 companies.
Series A - $17 million
May 2024Lead Investor: Notable Capital (led by Glenn Solomon), Lightspeed Venture Partners, and Datadog Inc.
Financial Overview
$20MTotal Raised
Seed$3 million
September 2023
Investors: Lightspeed Venture Partners, Factorial Capital, and several executives from Fortune 500 companies.
Series A$17 million
May 2024
Investors: Notable Capital (led by Glenn Solomon), Lightspeed Venture Partners, and Datadog Inc.
