Ask Sage Raises $17 Million in Series A

by Kay Aloha Villamor in December 10th, 2024

Ask Sage, an Arlington, VA-based generative AI platform for government and commercial sectors, has raised $17 million in Series A funding. 

Investors 

The round was led by Sapphire Ventures, with participation from Mucker Capital. 

Sapphire Ventures is a global venture capital firm with over $10 billion in assets under management (AUM) and offices in Austin, London, Menlo Park, and San Francisco. With a track record of investing in more than 170 companies, Sapphire has supported over 30 public listings and 45 acquisitions. Its investment strategies—Sapphire Ventures, Sapphire Partners, and Sapphire Sport—focus on scaling companies into category leaders. 

Ask Sage Use of Funds 

The funding will be used to drive platform expansion, workforce growth, and new product development. 

About Ask Sage 

Founded by Nicolas Chaillan, Ask Sage provides generative AI solutions specifically designed to meet the needs of the public sector, defense industrial base, and commercial enterprises. The company specializes in enhancing human productivity across both government and commercial sectors, offering a wide range of commercial and open-source Large Language Models (LLMs). Ask Sage’s platform is technology-agnostic and serves over 30,000 DoD service members and 14,000 government teams. 

Funding Details 

Company: Ask Sage Inc. 

Raised: $17.0M 

Round: Series A 

Funding Date: December 2024 

Lead Investor: Sapphire Ventures 

Additional Investor: Mucker Capital 

Company Website: https://www.asksage.ai/  

Software Category: Generative AI Solutions 

Source: https://www.asksage.ai/press-releases/ask-sage-raises-17-million-series-a-to-expand-generative-ai-platform-for-public-sector 

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