Klu Raises €1.6 Million in Pre-Seed Round

by Kay Aloha Villamor in October 25th, 2023

Klu, a London and San Francisco, CA-based large language model (LLM) application platform that enables organizations to build, evaluate, and optimize AI applications, has raised €1.6 million in pre-seed funding.

SaaS Investors

The round was led by Firstminute Capital, with participation from a16z, Sequoia Capital, Craft Ventures, and Atomico also participated, along with angel investors from Superhuman, IBM, Productboard, and other tech companies.

Firstminute is a seed-stage venture firm investing in the UK, Europe, and the US. The firm prefers to invest in companies operating in SaaS, deep tech, climate tech, web3, gaming, open-source, consumer, fintech, health tech, food tech, prop tech, and e-commerce sectors.

Klu Use of Funds

The funding will support Klu's mission to empower dedicated AI engineers and teams across organizations.

About Klu

Founded in 2022 by Stephen M. Walker II and Stefan Sabev, Klu offers a suite of integrated products for companies to quickly create LLM-powered features using large language models like GPT-4. Klu supports major LLM providers and offers seamless connections to data sources, supporting 24 file types. Customers can integrate Klu-created LLM apps with various partners, including Salesforce, Atlassian, Supabase, Asana, Intercom, Zendesk, Slack, Notion, and Google. Its customer base includes B2B SaaS companies like Colab, Zavvy, and Productlane.

Funding Details

Company: Klu, Inc.

Raised: €1.6M

Round: Pre-Seed Round

Funding Month: October 2023

Lead Investor: Firstminute Capital

Additional Investors: a16z, Sequoia Capital, Craft Ventures, Atomico

Company Website: https://klu.ai/

Software Category: Large Language Models Application Platform

Source: https://www.eu-startups.com/2023/10/london-based-klu-raises-e1-6-million-pre-seed-to-enable-companies-to-deploy-and-build-their-own-ai-driven-apps/


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