On May 22, 2024, the New York-based AI model evaluation platformPatronus AIannounced it raised $17 million in Series A funding. The round was led by Notable Capital, with participation from Lightspeed Venture Partners, former DoorDash executive Gokul Rajaram, Factorial Capital, Datadog, and several unnamed tech industry executives.
Patronus AI plans to use the raised funds to expand its research, engineering, and sales teams, while also developing more industry benchmarking tools.
Patronus AI was founded in 2023 by former Meta machine learning experts Anand Kannappan and Rebecca Qian. The company has developed a first-of-its-kind automated evaluation platform that promises to identify errors in large language model (LLM) outputs, such as hallucinations, copyright infringement, and safety violations. Patronus AI uses proprietary AI technology to score model performance, stress-test models with adversarial examples, and enable fine-grained benchmarking, all without the manual work currently required by most enterprises.
(Source:VentureBeat）