Amsterdam-based Orq.ai, a Generative AI platform for enterprises that integrates with large language models (LLMs) and enables collaboration across the organisation, announced that it has secured an additional €1.5M in growth funding.
Following its oversubscribed pre-seed round of €800K in September 2023, the Dutch company is introducing two new products, Experiment and Optimize.
Orq.ai says it will use the funds to expand the product and go-to-market teams, with a primary focus on the European market, starting with Germany and the Benelux countries.
Investors supporting Orq.ai
The extension round was led by XO Ventures (Bart Malenstein and Marc van Meerwijk) and xdeck ventures. Existing investors Curiosity VC and Spacetime from Adriaan Mol (founder of Mollie and Bird CRM) also participated in this round.
Bart Malenstein, Managing Partner at XO Ventures, says, “We are very excited to work with founders Sohrab and Anthony and the entire Orq.ai team to help them further develop and roll out their cutting-edge Generative AI platform.”
“As the complexity and number of Generative AI models continues to grow, there is a great need for a solution that enables AI transformations and seamlessly integrates AI models in the business.”
“Orq.ai provides such a solution via a highly user-friendly platform that empowers non-technical team members, such as domain experts and product managers. adds Marc van Meerwijk, Managing Partner at XO Ventures.
Orq.ai’s new products
Orq.ai promotes inclusive AI transformations, offering tools and security measures for all team members. The company has introduced two new products, Experiment and Optimize, alongside the existing Run solution, providing flexibility for independent use within organisations.
Experiment simplifies testing of thousands of Generative AI use cases, prompts, and data sets across 75+ models, offering custom controls for quality, cost, and performance.
Run, an intelligent rules engine, facilitates production deployment with localisation, personalisation, and data privacy control. Optimize provides real-time analytics on AI model interactions, enabling continuous improvements and fine-tuning by domain experts.
Orq.ai’s end-to-end workflow fosters “seamless” collaboration among domain experts, product managers, and engineers.
Sohrab Hosseini, co-founder of Orq.ai, says, “The complexity and speed of new possibilities in Generative AI requires a new way of working and new tools for organisations. Our goal is to demystify AI by making it accessible to everyone.”
“With our integrated Generative AI platform that meets the highest EU security and data protection standards, Orq.ai is the right partner for companies to stay competitive. We see our existing Enterprise clients already using Orq.ai as an enabler for larger AI transformations and new ways of working.”
“Anthony and I are very excited about this new round of funding and look forward to continuing to launch new products that help clients internalise AI innovation safely and responsibly.”
Orq.ai: A Generative AI collaboration platform
Founded in 2022 by Sohrab Hosseini and Anthony Diaz, Orq.ai (formerly Orquesta.cloud) aims to empower companies to integrate and operate their products through Generative AI.
The no-code collaboration platform empowers product teams to build and assess production-ready AI applications safely. It centralises prompt management, streamlines experimentation, collects feedback, and offers real-time insights into performance and costs.
Compatible with major Large Language Model providers, the platform ensures transparency and scalability in Large Language Model Operations (LLM Ops), leading to shorter customer release cycles and cost reductions in experiments and production environments.
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