About FedML
FedML is a company based in Los Angeles (United States) founded in 2020. It operates as a AI-as-a-Service. FedML has raised $11.5 million across 1 funding round from investors including University of Southern California, Modular Capital and Camford Capital. FedML offers products and services including FedML AI Platform. FedML operates in a competitive market with competitors including Flower, FLock, Devron, DiscreetAI and Basilica, among others.
- Headquarter Los Angeles, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.5 M (USD)
in 1 rounds
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Latest Funding Round
$11.5 M (USD), Seed
Jul 19, 2023
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Investors
University of Southern California
& 10 more
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Employee Count
Employee Count
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Products & Services of FedML
FedML offers a comprehensive portfolio of products and services, including FedML AI Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for federated machine learning solutions.
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Funding Insights of FedML
FedML has successfully raised a total of $11.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $11.5 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $11.5M
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First Round
First Round
(19 Jul 2023)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - FedML | Valuation | Camford Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FedML
FedML has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include University of Southern California, Modular Capital and Camford Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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PrimeSet is focused on connecting startups with experienced talent.
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Founded Year | Domain | Location | |
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Seed and early-stage investments in technology applications are targeted.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FedML
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FedML
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fedml Comparisons
Competitors of FedML
FedML operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flower, FLock, Devron, DiscreetAI and Basilica, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flower is recognized as a federated AI framework provider.
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| domain | founded_year | HQ Location |
Provider of a platform for federated machine learning on blockchain
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| domain | founded_year | HQ Location |
Delivers comprehensive machine learning and data science platforms.
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| domain | founded_year | HQ Location |
Decentralized training solutions for machine learning models are offered.
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| domain | founded_year | HQ Location |
High-dimensional data like images and text is embedded via API.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about FedML
When was FedML founded?
FedML was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is FedML located?
FedML is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is FedML a funded company?
FedML is a funded company, having raised a total of $11.5M across 1 funding round to date. The company's 1st funding round was a Seed of $11.5M, raised on Jul 19, 2023.
What does FedML do?
Federated learning solutions are offered through a specialized AI platform by FedML. Focus is placed on enabling secure and collaborative machine learning across various sectors. Scalable tools and frameworks are developed to support decentralized data processing. Applications in industries such as healthcare, finance, and IoT are targeted.
What products or services does FedML offer?
FedML offers FedML AI Platform.
Who are FedML's investors?
FedML has 11 investors. Key investors include University of Southern California, Modular Capital, Camford Capital, Finality Capital, and Road Capital.