Chalk Raises $10 Million in Seed Round
Chalk, a San Francisco, CA-based data platform for machine learning, has secured $10 million in seed funding.
The round was led by General Catalyst, Unusual Ventures, and Xfund.
General Catalyst is a venture capital firm based in San Francisco, California. Founded in 2000, the firm prefers to make investments in seed-stage, early-stage, later-stage, and growth-stage companies operating in consumer, enterprise, fintech, crypto, health assurance, software, transportation, big data, and technology sectors.
Founded in 2018, Unusual Ventures is a venture capital firm based in Menlo Park, California. The firm prefers to invest in companies operating in the enterprise, development tools, consumer, software, machine learning, cybersecurity, infrastructure, software-as-a-service, fintech, mega marketplaces, and information technology sectors.
Xfund is a venture capital firm based in Palo Alto, California. The firm prefers to invest in early-stage companies operating in the healthcare, energy, and information technology sectors.
The funds will be used to accelerate platform development, expand its customer base, and grow its engineering and go-to-market teams.
Chalk is a data platform that powers machine learning and generative AI. Chalk's platform includes a computation layer and low-latency machine learning (LLM) toolchain that enables teams to orchestrate data for real-time decisions. Chalk's platform is designed to provide real-time machine learning capabilities for sectors such as fintech, e-commerce, healthcare, insurance, and other mission-critical applications.
Funding Details
Company: Chalk AI, Inc.
Raised: $10.0M
Round: Seed Round
Funding Month: December 2023
Lead Investors: General Catalyst, Unusual Ventures, and Xfund
Additional Investors:
Company Website: https://www.chalk.ai/
Software Category: Data Platform for Machine Learning