About Modelbit
Modelbit is a company based in San Francisco (United States) founded in 2022 by Harry Glaser and Tom O Neill. Modelbit has raised $4.25 million across 1 funding round from investors including Snowflake and Leo Polovets. Modelbit operates in a competitive market with competitors including Wallaroo.AI, Seldon, Einblick, Luchen Technology and Modzy, among others.
- Headquarter San Francisco, United States
- Founders Harry Glaser, Tom O Neill
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.25 M (USD)
in 1 rounds
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Latest Funding Round
$4.25 M (USD), Seed
May 16, 2023
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Investors
Snowflake
& 1 more
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Employee Count
Not available
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People of Modelbit
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Funding Insights of Modelbit
Modelbit has successfully raised a total of $4.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.25 million completed in May 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.
Investors in Modelbit
Modelbit has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Snowflake and Leo Polovets.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based big data warehouse for enterprise data management is provided.
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LP
Leo Polovets |
Angel investor, ex-Google engineer, co-founder of Susa Ventures, active in India.
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Locked | Locked | Locked |
Investor details for Modelbit
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Investments & Acquisitions by Modelbit
Investment portfolio details for Modelbit
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Financial Statements - Modelbit
Detailed financials for Modelbit
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Modelbit Comparisons
Peer comparison for Modelbit
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Competitors of Modelbit
Modelbit 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 Wallaroo.AI, Seldon, Einblick, Luchen Technology and Modzy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of an enterprise platform for AI production data
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ML models are deployed using an open source framework.
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Data exploration, predictions, and model deployment are enabled collaboratively.
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AI model development services are provided by Luchen Technology.
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Provider of cloud-based suite solutions for enterprise collaboration
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| Locked | Locked | Locked |
AI engine and management platform for model deployment is provided.
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Detailed competitors of Modelbit
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Latest news on Modelbit
Complete news archive for Modelbit
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Frequently Asked Questions about Modelbit
Modelbit was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Modelbit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Harry Glaser is the current CEO of Modelbit. They have also founded this company.
Modelbit is a funded company, having raised a total of $4.25M across 1 funding round to date.
Modelbit was founded in 2022 in San Francisco, United States, focusing on AI and cloud platforms for machine learning model deployment. Solutions are provided to integrate models with modern data stacks via data science tools. Model versioning and management are supported post-deployment, along with serving capabilities. Deployments are enabled to Snowflake, Redshift, and REST endpoints, serving the technology sector.
Modelbit's top competitors include Wallaroo.AI, Seldon and Lumino.
Modelbit has 2 investors. Key investors include Snowflake, and Leo Polovets.