Gleen, a Pleasanton, CA-based startup that is focused on providing its chatbot to technical communities and has aimed to solve the problem of hallucination in large language models, raised $4.9 million in seed funding.
SaaS Investors
The round was led by Slow Ventures, with participation from 6th Man Ventures, South Park Commons, Spartan Group, CoinShares, and angel investors. Among its list of angels are Anatoly Yakovenko, co-founder of Solana; Mike Derezin, former COO of Chainlink; Will Papper, co-founder of Syndicate; and ISM Angels.
Gleen Use of Funds
The company plans to use the funding to expand its sales and marketing efforts and educate users on issues related to hallucination, security, and compliance in the field of generative AI.
About Gleen
Gleen is a customer service startup that developed a proprietary machine learning layer to source from enterprise knowledge and cross-check language model responses to avoid hallucinations. The company is targeting the customer support market, aiming to provide solutions for a range of businesses from mom-and-pop stores to large corporations. Gleen is based in Pleasanton, CA, and its mission is to delight its customers’ customers.
Funding Details
Company: Helix3 Labs, Inc.
Raised: $4.9M
Round: Seed Round
Funding Month: September 2023
Lead Investors: Slow Ventures
Additional Investors: 6th Man Ventures, South Park Commons, Spartan Group, CoinShares, Anatoly Yakovenko, Mike Derezin, Will Papper, and ISM Angels
Company Website: https://gleen.ai/
Software Category: AI Customer Support Solution
Source: https://techcrunch.com/2023/09/05/gleens-tech-savvy-chatbot-for-discord-and-slack-attracts-solana-founder-in-oversubscribed-round/