Goodfire, a San Francisco, CA-based startup that develops tools that enable developers to debug AI systems by providing deep insights into their internal working, has raised $7 million in a seed funding.
Investors
The round was led by Lightspeed Venture Partners, with additional investment from Menlo Ventures, South Park Commons, Work-Bench, Juniper Ventures, Mythos Ventures, Bluebirds Capital, and several prominent angel investors.
Goodfire Use of Funds
The company will use the funding to expand its engineering and research teams, as well as to develop its core technology further.
About Goodfire
Goodfire is a public benefit corporation building cutting-edge tools that enable developers to understand, edit, and debug AI models. Their technology provides developers with deep insights into the internal workings of AI systems. By enhancing transparency and control in AI development, Goodfire aims to mitigate catastrophic risks while fostering the creation of safer, more beneficial AI systems. Goodfire’s mission is to advance humanity's understanding of AI by examining the inner workings of advanced AI models, a field known as “AI Interpretability.”
Funding Details
Company: Goodfire AI
Raised: $7.0M
Round: Seed Round
Funding Date: August 2024
Lead Investor: Lightspeed Venture Partners
Additional Investors: Menlo Ventures, South Park Commons, Work-Bench, Juniper Ventures, Mythos Ventures, Bluebirds Capital
Company Website: https://goodfire.ai/
Software Category: AI Interpretability
Source: https://www.businesswire.com/news/home/20240815380275/en/