FinTechFunding

Scale AI: Raises $325M in Series E Funding

  • Scale AI, a San Francisco, CA-based provider of a data platform for AI, raised $325m in Series E funding
  • The company also intends to use the funds to continue to expand the team and products
  • Scale is a provider of a data platform for high quality training and validation data for AI applications
  • The company’s solution enables organizations to manage the entire AI lifecycle, whether they have an AI team in-house or need a fully managed models-as-a-service approach
  • Customers include the Department of Defense, U.S. Air Force, Brex, PayPal, Square, Flexport, General Motors, Luminar, Oshkosh, Etsy, iRobot, Pinterest, Samsung and SAP
  • In addition to the funding, Jeff Wilke, former CEO of Amazon’s Worldwide Consumer business, will be joining as Advisor to the CEO
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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