Sentify, a London, UK-based platform that enables users to extract actionable insights from large language model (LLM) products, has raised over $1.1 million in oversubscribed pre-seed funding.
SaaS Investors
The round was led by Episode 1, with participation from 500 Emerging Europe and angel investors.
Founded in 2013, Episode 1 is a venture capital investment firm headquartered in London, United Kingdom. The firm prefers to invest in early-stage software companies across the United Kingdom.
Sentify Use of Funds
The investment will help accelerate product development, expand hiring, and improve the customer acquisition process, supporting the company's mission to enable businesses to harness the full potential of their LLM products.
About Sentify
Founded by Alex Marantelos, George Pastakas, and Dimi Ilias Sentify offers an interactive, real-time interface that transforms idle text data into valuable intelligence, revealing customer behaviors, user intents, action inference, product usage patterns, and identifying inefficiencies and inaccuracies in LLM products. Sentify’s mission is to help organizations harness the power of Generative AI by gaining deeper insights into their users' interactions and conversations with LLM products.
Sentify plans to launch publicly by the end of Q1.
Funding Details
Company: Sentify, Ltd.
Raised: $1.1M
Round: Pre-Seed Round
Funding Month: February 2024
Lead Investors: Episode 1
Additional Investors: 500 Emerging Europe and Angel Investors
Company Website: https://getsentify.ai/
Software Category: NLU Monitoring and Analytics for LLM products
Source: https://tech.eu/2024/02/01/sentify-raises-11m-in-pre-seed-funding-to-unlock-llm-insights/