ModelOp

Chicago, United States Founded: 2016 • Age: 10 yrs
Provider of a machine learning model deployment and management platform

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
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website modelop.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Modelop, Inc.
Key Metrics
  • Total Equity Funding
    $16M (USD)

    in 3 rounds

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

    Aug 2024

  • Investors

Products & Services of ModelOp

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

ModelOp Center
AI Governance Software

Central platform for managing AI systems and ensuring compliance.

Inventory
AI Tracking Tool

Provides visibility into AI system risks and performance.

Controls
Workflow Automation

Automates policy enforcement for AI risk mitigation.

Reporting
Analytics Platform

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

Apps and channels of ModelOp

its YouTube channel ModelOp has 298 subscribers and 30 videos.

ModelOp
YouTube 298 subscribers 30 videos Science & Technology
Open channel

Videos from ModelOp

The most watched videos on ModelOp's YouTube channel, ModelOp (298 subscribers). Click a video to play it here.

How an Immigrant Doctor Helps Gen Z Tackle AI Job Loss Using Employability Scores - Jasmine Sayyari
1.1K views
How Microsoft Balances AI Innovation with Compliance & Safeguards in Finance with Ravi Shankar Goli
932 views
The $15B AI Platform Blueprint for Leaders to Manage Risk and Unlock Creativity with Skip McCormick
849 views
How 60% of Startups Fail Legally and Use AI to Get Affordable Legal Support with Stephen Candelmo
433 views

More on ModelOp.

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.

  • Total Funding $16M
  • Total Rounds 3
  • Last Round Series B β€” $10M
  • First Round $6M

    (Mar 2020)

  • Investors Count 4

All 3 funding rounds of ModelOp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2024$10MSeries B–Baird Capital
–
Jun 2023–Series A––
Mar 2020$6MSeries A–Valley Capital Partners
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Global private equity and venture capital investments in B2B Tech & Services companies.
–bairdcapital.com-
Venture capital firm focused on tech companies
–bluventureinvestors.comVienna, United States
Investment in enterprise data technology is facilitated by this firm.
–svdcapital.comSan Francisco, United States
Early-stage venture capital investments are made in innovative founders.
2018valleycapital.vc-
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Investor details for ModelOp

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of ModelOp

9 people are tracked at ModelOp (8 in leadership, 1 in team).

NameRoleGroup
Pete Foley
Co-Founder & CEOLeadership
Stu Bailey
Co-FounderLeadership
Mitch Tompkins
Vice President Of SalesLeadership
David Trier
VP, ProductLeadership
Jim Olsen
CTOLeadership
Mark Lemonnier
VP Software EngineeringLeadership
Jay Combs
VP, MarketingLeadership
Nathanael Bradac
Director Of R&dLeadership
Amanpreet Kaur
Implementation EngineerTeam
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Complete people profiles for ModelOp

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of ModelOp

3 dated milestones of ModelOp across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded ModelOp is founded.
  2. Funding First funding round of $6.0M.
  3. Funding Latest funding round, Series B, of $10.0M.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
singulr.ai2023Palo Alto, United States$10M–
AI adoption is governed and secured for enterprises.
vijil.ai2023Santa Clara, United States$6M–
Cloud-based tools are provided for evaluating and building AI agents.
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Detailed competitors of ModelOp

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of ModelOp

The website of ModelOp (modelop.com) receives about 6.8K visits a month.

  • Monthly visits
    6.8K

    ▲ 9.7% vs previous month

Latest news on Modelop

Similar companies to ModelOp

10 companies that operate in the same segment as ModelOp (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 167.95 B––
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 66.81 B––
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B36,000
A platform for the AI community to collaborate and build.
2016Paris, FranceUSD 399.91 M––
Digital marketing, data analytics, and IT services are provided globally.
1981Bengaluru, Karnataka, India–USD 19.08 B323,580
Machine learning model development and management solutions are provided.
2017San Francisco, California, United StatesUSD 250 M–150
Provider of website, web & mobile application development, BI, and digital marketing services
2007Jaipur, Rajasthan, IndiaUSD 570.12 MUSD 102.68 M461
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Enterprise observability solutions are delivered via cloud and AI platforms.
2008San Francisco, California, United StatesUSD 196.44 M––
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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. The company's 1st funding round was a Series A of $6M, raised on Mar 2020.

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.

ModelOp operates through Modelop, Inc..

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