Peltarion

Stockholm, Sweden Founded: 2004 • Age: 22 yrs Acquired By King
Neural networks are deployed via a cloud-based AI platform.
Annual revenue - Latest available
Total funding $36.6M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Peltarion

Peltarion is a company based in Stockholm (Sweden) founded in 2004 was acquired by King in June 2022. Peltarion has raised $36.57 million across 3 funding rounds from investors including King, EQT Ventures and FAM AB. Peltarion operates in a competitive market with competitors including LangChain, Appen, InstaDeep, Determined AI and Exafunction, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
    $36.57 M (USD)

    in 3 rounds

  • Latest Funding Round
    $20 M (USD), Series A

    Dec 31, 2018

  • Investors
    King

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    King

    (Jun 13, 2022)

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Funding Insights of Peltarion

Peltarion has successfully raised a total of $36.57M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in December 2018. 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 Peltarion

Peltarion has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include King, EQT Ventures and FAM AB.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in technology and innovation sectors.
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Limited information is provided about FAM AB's operations.
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Multiple sectors are invested in by this single-family office.
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Investor details for Peltarion

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Investments & Acquisitions by Peltarion

Investments
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Investment portfolio details for Peltarion

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Financial Statements - Peltarion

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Detailed financials for Peltarion

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Peltarion Comparisons

Peltarion Primary company
Description
Neural networks are deployed via a cloud-based AI platform.
Location
Stockholm, Sweden
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Peltarion

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Competitors of Peltarion

Peltarion 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 LangChain, Appen, InstaDeep, Determined AI and Exafunction, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of tools for building, testing, and deploying AI agent applications
Locked Locked Locked
Human-annotated datasets for AI training are provided.
Locked Locked Locked
AI and cloud-based automation solutions are provided for organizational optimization.
Locked Locked Locked
Software for training, deployment and managing of machine learning models
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A low-code platform for deep learning applications is provided.
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Detailed competitors of Peltarion

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Latest news on Peltarion

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Complete news archive for Peltarion

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Frequently Asked Questions about Peltarion

Peltarion was founded in 2004 and raised its 1st funding round 12 years after it was founded.

Peltarion is headquartered in Stockholm, Sweden.

Peltarion is a funded company, having raised a total of $36.57M across 3 funding rounds to date.

Peltario provides Peltarion Platform which is a cloud-based operational AI platform that allows users to build, train and deploy their own deep learning models in a visual development environment, even if theyre not an AI superstar. It is powerful and easy to use deep learning platform. The community edition of the Peltarion Platform allows everyone to get started for free and gives access to a generous starting package, with 50 free GPU hours. While the Enterprise package bundles access to the Platform with a wide range of AI services delivered by the team of AI experts at Peltarion.

Peltarion's top competitors include LangChain, Appen and InstaDeep.

Peltarion has 4 investors. Key investors include King, EQT Ventures, FAM AB, and Euclidean Capital.

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