ModelOp

Chicago, United States Founded: 2016 • Age: 10 yrs
Provider of a machine learning model deployment and management platform
Annual revenue - Latest available
Total funding $16.0M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 3 Brand Intelligence

About ModelOp

ModelOp is a company based in Chicago (United States) founded in 2016 by Pete Foley and Stu Bailey. ModelOp has raised $16 million across 3 funding rounds from investors including Baird Capital, Blu Venture Investors and Silicon Valley Data Capital. ModelOp offers products and services including ModelOp Center, Inventory, Controls, and Reporting. ModelOp operates in a competitive market with competitors including Singulr AI and Vijil, among others.

  • Headquarter Chicago, United States
  • Founders Pete Foley, Stu Bailey
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Modelop, Inc.
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Aug 19, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of ModelOp

ModelOp offers a comprehensive portfolio of products and services, including ModelOp Center, Inventory, Controls, and Reporting.

Product name locked
Category locked
Primary

Central platform for managing AI systems and ensuring compliance.

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Provides visibility into AI system risks and performance.

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Automates policy enforcement for AI risk mitigation.

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Offers real-time insights into AI initiative health and value.

People of ModelOp

Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Pete Foley
Co-Founder & CEO
People
Mitch Tompkins
Vice President Of Sales
People
David Trier
VP, Product
People
Jim Olsen
CTO

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Funding Insights of ModelOp

ModelOp has successfully raised a total of $16M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in August 2024. 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 ModelOp

ModelOp has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Baird Capital, Blu Venture Investors and Silicon Valley Data Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Global private equity and venture capital investments in B2B Tech & Services companies.
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Venture capital firm focused on tech companies
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Investment in enterprise data technology is facilitated by this firm.
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Investor details for ModelOp

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by ModelOp

Investments
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Investment portfolio details for ModelOp

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  • Transaction dates
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Financial Statements - ModelOp

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Detailed financials for ModelOp

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  • Profit trends
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Modelop Comparisons

ModelOp Primary company
Description
Provider of a machine learning model deployment and manageme...
Location
Chicago, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ModelOp

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Competitors of ModelOp

ModelOp 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 Singulr AI and Vijil, among others.

Company Name Domain Founded year HQ Location Description
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AI adoption is governed and secured for enterprises.
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Cloud-based tools are provided for evaluating and building AI agents.
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Detailed competitors of ModelOp

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  • Domains and locations
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Latest news on Modelop

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Complete news archive for ModelOp

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Frequently Asked Questions about ModelOp

ModelOp was founded in 2016 and raised its 1st funding round 4 years after it was founded.

ModelOp is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Pete Foley is the current CEO of ModelOp. They have also founded this company.

ModelOp is a funded company, having raised a total of $16M across 3 funding rounds to date.

ModelOp was founded in 2016 and is headquartered in Chicago, United States. A machine learning model deployment and management platform is provided by the company, allowing data scientists, IT professionals, and business teams to deploy, monitor, and govern artificial intelligence models. Operations focus on sectors such as finance, with applications in credit scoring, bond trading, model risk management, and trading systems.

ModelOp's top competitors include Singulr AI and Vijil.

ModelOp offers ModelOp Center, Inventory, Controls, and Reporting.

ModelOp has 4 investors. Key investors include Baird Capital, Blu Venture Investors, Silicon Valley Data Capital, and Valley Capital Partners.

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