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Scale AI: Raises $325M in Series E Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Scale AI: Raises $325M in Series E Funding

By Steve Sam

April 28, 2021

Scale AI, a San Francisco, CA-based provider of a data platform for AI, raised $325m in Series E funding
The company also intends to use the funds to continue to expand the team and products
Scale is a provider of a data platform for high quality training and validation data for AI applications
The company’s solution enables organizations to manage the entire AI lifecycle, whether they have an AI team in-house or need a fully managed models-as-a-service approach
Customers include the Department of Defense, U.S. Air Force, Brex, PayPal, Square, Flexport, General Motors, Luminar, Oshkosh, Etsy, iRobot, Pinterest, Samsung and SAP
In addition to the funding, Jeff Wilke, former CEO of Amazon’s Worldwide Consumer business, will be joining as Advisor to the CEO

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