Comet: Raises $13M in Series A Funding

  • Comet, a NYC-based provider of MLOps solutions, raised $13M in Series A funding
  • The round was led by Scale Venture Partners and existing investors including Trilogy Equity Partners and Two Sigma Ventures
  • In conjunction with the funding, Andy Vitus of Scale Venture Partners will be joining Comet’s Board of Directors
  • The company intends to use the funds to accelerate and scale product development, sales, marketing, and engineering functions
  • Comet provides a self-hosted and cloud-based MLOps solution that enables data scientists and teams to track, compare, explain and optimize experiments and models
  • The company’s insights and data enable users to build accurate AI models while improving productivity, collaboration and visibility across teams
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.

You May Also Like

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard,...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...