Openlayer Secures $14.5 Million in Series A

Openlayer Secures $14.5 Million in Series A

Openlayer, a San Francisco, CA-based unified platform for AI system evaluation and governance at the enterprise level, has secured $14.5 million in Series A funding.

The round was led by Race Capital, with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefónica.

Race Capital is a Silicon Valley-based venture capital firm founded in 2019. It invests from pre-seed to Series A stages and specializes in early-stage investments in sectors such as data infrastructure, fintech, AI/ML, SaaS, and blockchain technologies.

The company will use the funding to expand its enterprise-grade product capabilities and scale go-to-market efforts globally.

Founded in 2021 by Gabriel Bayomi, Rishab Ramanathan, and Vikas Nair, Openlayer provides a unified platform that supports AI teams across the entire development lifecycle. Designed for traditional machine learning and emerging GenAI systems, Openlayer enables teams to address everything from data quality issues to complex model evaluation and governance, all within a single workflow. Openlayer offers true multimodal testing, real-time monitoring, and automated governance that integrates seamlessly into enterprise workflows.

Funding Details

Company: Openlayer

Raised: $14.5M

Round: Series A

Funding Date: May 2025

Lead Investor: Race Capital

Additional Investors: NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, Telefónica

Company Website: https://www.openlayer.com/

Software Category: AI/ML Development & Governance