Tech Company Financing Transactions
Sematic Funding Round
Race Capital, private investors and Leonis Capital participated in a $3 million Seed capital raise for Sematic. The round was announced on 11/17/2022.
Transaction Overview
Company Name
Announced On
11/17/2022
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its hiring process, launch its hosted cloud offering and continue to attract more developers to its machine learning platform.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
The Sematic team hails from around the world and has extensive industry experience in software development, cloud infrastructure, and Machine Learning tooling. While searching for the Higgs boson at CERN, building payment infrastructure for Instacart, or ML tooling for Cruise, we encountered a wide variety of systems, practices, and patterns, which inform the design of Sematic every day. Together, we aim to make Continuous Learning accessible to ML teams at all-size companies, to enable faster and safer ML development.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Emmanuel Turlay
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