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Essential AI

Technology ~10 employees
Founded
--
Employees (Est.)
~10
1 leaders known
Total Funding
$56.5M
Funding Rounds
1
Last Funding
2023-12-12

About Essential AI

Essential AI is dedicated to building an open platform to democratize frontier AI capabilities and accelerate global breakthroughs through collaborative science. Their mission is to counter the trend of proprietary AI development by providing open models, tools, and frameworks to empower innovation and ensure AI's transformative power benefits humanity broadly.

Products & Services

Open AI Platform:An open platform featuring models, robust tooling, reproducible pipelines, and evaluation frameworks designed for collaboration and innovation in AI research.

Specialties

Long context capabilities and applications Modeling behaviors of computer programs Time-varying and space-varying modalities Low-level performance optimization on newer accelerator families Software engineering and STEM capabilities Long-context code automation with whole-repo refactoring Kernel optimizations on next-generation accelerators

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series A
T: -
FT: Series A 		A: 56500000
MR: -
FA: 56.5 million
FAN: 56500000 		D: 2023-12-12
FD: 2023-12-12 		7 investors
Series A Latest
2023-12-12
$56.5M
7 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Ashish Vaswani

CEO

Recent News

Essential AI Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Technology
Company Size
~10 employees (est.)

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Technology Stack

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