Shakudo

Shakudo

End-to-end platform for AI projects

About Shakudo

Simplify's Rating
Why Shakudo is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$9.8M

Headquarters

Toronto, Canada

Founded

2021

Overview

Shakudo offers a platform designed to support organizations in developing and managing AI and data-intensive products. Their main product, Hyperplane, facilitates the entire workflow of AI projects, from initial ideas to final deployment. Hyperplane automates the optimization of resources, helping teams select the best configurations without the need for complex setups. This makes it easier for data scientists and AI teams to focus on their projects rather than the technical details of infrastructure. Shakudo differentiates itself from competitors by providing a subscription-based service with tiered pricing, allowing organizations to choose the level of access that fits their needs. The goal of Shakudo is to simplify the AI development process, enabling organizations to implement their AI solutions more quickly and effectively.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for AI model interpretability tools enhances Shakudo's platform.
  • Rise of AI model marketplaces boosts Hyperplane's user engagement and revenue.
  • Growing trend of federated learning aligns with Shakudo's data stack compatibility.

What critics are saying

  • Increased competition from established AI platform providers like DataRobot.
  • Potential customer resistance due to learning curve and integration challenges.
  • Rapid AI advancements may outpace Shakudo's platform updates, risking obsolescence.

What makes Shakudo unique

  • Shakudo offers a unique compatibility across best-of-breed data tools.
  • Their Hyperplane platform automates resource optimization for AI projects.
  • Shakudo provides DevOps-friendly GraphQL APIs for seamless AI solution interaction.

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Funding

Total Funding

$9.8M

Below

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
Below Average

Industry standards

$15M
$7M
Shakudo
$8.2M
Discord
$15M
Canva
$100M
GitHub

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 6%

1 year growth

↑ 6%

2 year growth

↑ 0%
BetaKit
Jul 5th, 2023
Shakudo closes $9.5M Series A to help companies adopt generative AI

Toronto-based Shakudo has secured $9.5 million CAD in Series A funding to help companies launch artificial intelligence products more quickly and cost-effectively.

BetaKit
Nov 3rd, 2021
Rebranded Shakudo raises $4.2 million to expand reach of AI platform

Toronto-based software startup Shakudo has rebranded from DevSentient, raising $4.2 million CAD in seed funding to expand the reach of its AI platform for data science and ML teams.

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