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About Spice AI
Industries
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$14.5M
Headquarters
Seattle, Washington
Founded
2021
Overview
Spice.ai simplifies the development of applications that use artificial intelligence. It provides tools that help developers easily integrate AI into their projects, making the process as simple as creating a web page. The main users of Spice.ai's products are developers, from solo programmers to large teams in tech companies, who benefit from the user-friendly AI tools that enhance their projects. Unlike many competitors, Spice.ai combines open-source offerings with a proprietary platform called Spice Cloud, which is in private preview and will offer advanced features for a subscription fee. The goal of Spice.ai is to democratize access to AI technologies, improving the quality of life through better technological solutions.
Simplify's Take
What believers are saying
- Raised $14.6M in new equity to expand and accelerate product development.
- Increased demand for AI tools as more companies integrate AI into products.
- Growing trend of AI democratization aligns with Spice AI's mission.
What critics are saying
- Increased competition from established AI platforms like TensorFlow and PyTorch.
- Challenges in scaling Spice Cloud to meet growing user demands.
- Rapid AI advancements may outpace Spice AI's development capabilities.
What makes Spice AI unique
- Founded by ex-Microsoft and GitHub engineers with 20 years of cloud computing experience.
- Spice AI combines open-source community engagement with a revenue-generating cloud platform.
- Focuses on making AI development as easy as creating a modern web page.
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Funding
Total Funding
$14.5M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Flexible Work Hours
Professional Development Budget
Conference Attendance Budget
Remote Work Options
Company Equity
Mental Health Support
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 6%Explore the diverse range of tech-enabled startups backed by Utiliti Group. Our portfolio highlights our commitment to fostering innovation and scalable growth.
Seattle, WA – According to filings with the U.S. Securities and Exchange Commission, Spice AI is raising $14,599,155.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Tae Kim played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About Spice AI
SpiceAI, a Web3 startup that is creating technologies for developers to build the future of intelligent applications, closed a $13.5 million seed round led by Madrona Venture Group.
Spice AI today announced a seed round of $13.5 million for its platform that enables developers to build data driven applications for Web3. Madrona le
Designed for applications and machine learning, Spice.xyz is the fastest, easiest, and smartest way to leverage web3 data.
Spice AI is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Spice AI
Industries
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$14.5M
Headquarters
Seattle, Washington
Founded
2021
Spice AI is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today