Galileo Raises $45M in Series B Funding
Galileo, a company that’s been busy solving some of AI’s trickiest problems, just secured $45 million in Series B funding.
Scale Venture Partners led the round, with a whole cast of top-tier investors, including Premji Invest, Databricks Ventures, and Amex Ventures, joining in. With this boost, Galileo’s total funding now stands at $68 million.
Not bad for a company that’s grown its revenue by a jaw-dropping 834% since the start of 2024.
Oh, and did I mention they’ve onboarded six Fortune 50 companies?
No big deal, just casual partnerships with Comcast and Twilio.
Galileo’s surge in enterprise demand is no coincidence. With AI development ramping up worldwide, it turns out companies are desperate for better ways to evaluate and monitor their generative AI models. And that’s exactly where Galileo’s Evaluation Intelligence platform comes in handy.
Vikram Chatterji, CEO and co-founder of Galileo said in the press release:
"Our unique research-backed approach and carefully crafted UX has seen massive adoption across enterprises to unblock and grow GenAI application development. The new funding will allow us to greatly accelerate our development to meet the increasing demand."
AI teams use it to ensure their models perform reliably and safely—because, let's face it, nobody wants their AI going rogue.
The fresh funding will help Galileo expand its go-to-market strategy, beef up product development, and double down on AI evaluation research.
The need is real:
- Generative AI’s unpredictable nature makes it tough for enterprises to get a handle on accuracy and safety, which is why Galileo’s platform is gaining so much traction.
So, what’s next for Galileo?
More product development, more research, and, of course, more AI wrangling. As the generative AI space continues to heat up, it seems Galileo is perfectly positioned to keep growing—and perhaps saving a few AI developers from losing their hair in the process.