Fiddler AI

Fiddler AI

AI observability and model monitoring platform

About Fiddler AI

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

Industries

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$66.8M

Headquarters

Palo Alto, California

Founded

2018

Overview

Fiddler AI offers an AI Observability platform specializing in model monitoring, explainable AI, and analytics, with a focus on deep XAI integration for MLOps systems at scale. The platform provides comprehensive XAI integration for stable and secure MLOps systems at scale.

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Simplify's Take

What believers are saying

  • Fiddler AI raised $50M in Series B to enhance AI observability and safety.
  • Partnership with Google Cloud enhances model observability and performance.
  • Major upgrades to the Model Performance Management platform improve model performance.

What critics are saying

  • Increased competition from tech giants like Google Cloud may overshadow Fiddler's offerings.
  • Rapid AI advancements may outpace Fiddler's integration capabilities, risking obsolescence.
  • Reliance on venture capital funding may pressure short-term financial returns over innovation.

What makes Fiddler AI unique

  • Fiddler AI integrates deep XAI and analytics for advanced AI capabilities.
  • The platform offers a unified environment for MLOps, Data Science, and LOB teams.
  • Fiddler AI focuses on responsible AI practices with transparency and accountability.

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Funding

Total Funding

$66.8M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

1%
Dallas Innovates
Dec 16th, 2024
Dallas Venture Capital Invests in Palo Alto-Based Fiddler AI's $50M Series B Round

Dallas Venture Capital is among new investors in Palo Alto, California-based Fiddler AI, which announced it raised $18.6 million in Series B funding, bringing its total Series B funding to $50 million.

s24806.pcdn.co
Dec 16th, 2024
Dallas Venture Capital Invests in Palo Alto-Based Fiddler AI's $50M Series B Round

Palo Alto, California-based Fiddler AI said its $18.6 million Series B extension brings the round's total funding to $50 million. The company said the funds will help it "continue to build momentum in AI observability and AI safety."

s24806.pcdn.co
Dec 16th, 2024
Fiddler AI Raises $50M in Series B

Dallas Venture Capital has invested in Palo Alto-based Fiddler AI's Series B funding, which now totals $50M. Fiddler AI raised an additional $18.6M to enhance its AI observability and safety platform, enabling enterprises to deploy trustworthy LLM and ML applications. New investors include Cisco Investments, Capgemini, and Samsung Next. Fiddler aims to set standards for transparency and accountability in AI.

U.S. Securities and Exchange Commission
Oct 3rd, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

Google Cloud
Oct 6th, 2023
Built with Google AI: Achieve better observability for ML models with Fiddler AI

Solution approach: Fiddler's AI Observability platform Fiddler has teamed up with Google Cloud to provide customers with a unified easy-to-use single pane of glass to ensure that their models are behaving as expected and to identify the root causes behind performance degradation.

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