Distyl AI

Distyl AI

Provides customized AI solutions for enterprises

About Distyl AI

Simplify's Rating
Why Distyl AI is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Government & Public Sector

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$26.3M

Headquarters

San Francisco, California

Founded

2022

Overview

Distyl.ai provides artificial intelligence solutions tailored for enterprises. The company uses generative AI and large language models to improve productivity and streamline operations. Their approach focuses on customizing AI applications to fit a client's specific data, workflows, and systems, ensuring they integrate smoothly with existing technologies. Distyl.ai serves a variety of clients, including Fortune 500 companies in sectors like Consumer Packaged Goods, Retail, Healthcare, Finance, and Manufacturing, as well as federal agencies. Their team consists of experienced professionals from major tech firms and top AI research institutions, allowing them to create scalable solutions that meet high standards. The company generates revenue by charging clients based on the complexity and customization of the AI solutions they provide, aiming to unlock value for clients quickly.

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Simplify's Take

What believers are saying

  • Distyl AI secured $20M Series A funding to expand its AI capabilities.
  • Partnership with OpenAI enhances Distyl AI's access to cutting-edge AI technologies.
  • Growing demand for AI customization boosts Distyl AI's market potential.

What critics are saying

  • Increased competition from AI startups could impact Distyl AI's market share.
  • Rapid AI advancements may challenge Distyl AI's integration capabilities.
  • Economic downturns could reduce Fortune 500 budgets for AI solutions.

What makes Distyl AI unique

  • Distyl AI customizes AI solutions to fit unique client data and workflows.
  • The company serves diverse industries, including healthcare, finance, and manufacturing.
  • Distyl AI's team includes experts from Palantir, Apple, and Microsoft.

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Funding

Total Funding

$26.3M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Distyl AI
$100M
GitHub

Benefits

Health Insurance

Company Equity

Hybrid Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

-5%

2 year growth

6%
Venture Capital
Nov 19th, 2024
Distyl AI Secures $20M Series A Funding

Distyl AI has secured $20M in Series A funding to integrate OpenAI technologies and deliver transformative outcomes for its Fortune 100 customers.

Yahoo Finance
Nov 19th, 2024
Distyl Secures $20M from Lightspeed and Khosla Ventures to Deliver Biggest, Most Impactful Enterprise AI Outcomes

SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- Distyl has raised $20 million in Series A funding to supercharge its growth and to meet the accelerating demand from its Fortune 100 customers. This round adds Lightspeed Venture Partners, who led the round, and Khosla Ventures, early investors in OpenAI.

PR Newswire
Nov 19th, 2024
Distyl Secures $20M from Lightspeed and Khosla Ventures to Deliver Biggest, Most Impactful Enterprise AI Outcomes

/PRNewswire/ -- Distyl has raised $20 million in Series A funding to supercharge its growth and to meet the accelerating demand from its Fortune 100 customers....

Ground News
Sep 23rd, 2024
Ground News - Coatue-backed Distyl AI founded by Palantir alums, raises $20 million funding round, sources say

Palantir alums Arjun Prakash, and Derek Ho founded Distyl AI.Getty Images; Jenny Chang-RodriguezDistyl AI develops AI-assisted workflows for enterprise companies.Palantir alums Arjun Prakash and Derek Ho founded Distyl AI.The company has a strategic partnership with OpenAI.Distyl AI, a startup applying generative AI to enterprise workflows, has raised a new Series A funding round of $20 million, Business Insider has learned. The new round values…

PYMNTS
Aug 21st, 2024
Openai Introduces Gpt-4O Fine-Tuning, Enhancing Ai’S Role In Business

OpenAI has unveiled an update to its artificial intelligence (AI) capabilities. Developers can now fine-tune GPT-4o, the company’s most advanced language model, to suit specific business needs. This feature, long sought by the tech community, opens doors for customized AI applications across various industries. Fine-Tuning and Why It Matters. Fine-tuning is a process that allows developers to customize a pretrained AI model for specific tasks or domains. OpenAI explains, “Developers can now fine-tune GPT-4o with custom datasets to get higher performance at a lower cost for their specific use cases

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