Latent AI
Company

Last deal

$19M

Amount

Series A

Stage

09.08.2021

Date

2

all rounds

$22.5M

Total amount

date founded

Financing round

General

About Company
Latent AI provides Adaptive AI solutions for enterprises to implement and manage AI workflows on the edge continuum.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2018

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company's Efficient Inference Platform (LEIP™) offers a quantization optimizer for edge AI devices, enabling developers to access, deploy, and manage AI for the edge without changes to existing AI/ML infrastructure and frameworks. Latent AI is an early-stage venture spinout of SRI International, founded by Jags Kandasamy and Sek Chai, with decades of combined industry experience and R&D expertise in machine learning AI, computer vision, embedded systems, IoT applications, and efficient computing. The company is well-funded by industry-leading investors, including Steve Jurvetson at Future Ventures, SRI International Ventures, Perot Jain, and Gravity Ranch.
Contacts

Contact Email

Social url

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Financials

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2

Number of Funding Rounds

$22.5M

Money Raised

Their latest funding was raised on 09.08.2021. Their latest investor Booz Allen Ventures. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Booz Allen Ventures

Booz Allen Ventures

Booz Allen Ventures invests in early-stage companies with technologies for federal missions.

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General Industrials

Subsector

Diversified Industrials

Keywords

Venture Capital, Financial Services, Cyber Security

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San Francisco, CA, USA

count Of Investments

7
Future Ventures

Future Ventures

Future Ventures is a financial services platform that invests in disruptive technology companies.

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Subsector

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Blackhorn Ventures

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Future Ventures

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Subsector

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Keywords

Venture Capital, Financial Services

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San Francisco, CA, USA

count Of Investments

45
Co-Investors
Investors
11
3

Number of lead investors

11

Number of investors

Investor 
Lead 
Round 
Partners 
Booz Allen Ventures

Booz Allen Ventures

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Jeff Peters

Jeff Peters

Jeff Peters is the Partner at Ibex Investors. He attended Stanford University.

current job

Autotech Ventures
Autotech Ventures
SRI Ventures

SRI Ventures

SRI Ventures is a Menlo Park-based VC investing in agriculture and robotics startups.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Robotics, Agriculture, Venture Capital

Location

Menlo Park, CA, USA

count Of Investments

8

count Of Exists

1

Raghu Madabushi

Manish Kothari

Manish Kothari

current job

SRI International
SRI International

People

Founders
2
Sek Chai
Sek Chai

Sek Chai

current job

Latent AI
Latent AI

organization founded

1

Sek Chai

Jags Kandasamy
Jags Kandasamy

Jags Kandasamy

Jags Kandasamy is the Co-Founder & Chief Executive Officer at Latent AI.

current job

Latent AI
Latent AI

organization founded

1

Jags Kandasamy

Employee Profiles
4
Carlton Sparrell

Carlton Sparrell

Vice President Of Engineering

Cyndy Sandor

Cyndy Sandor

Head of Marketing

Sek Chai

Sek Chai

Co-Founder and CTO

Jags Kandasamy

Jags Kandasamy

Co-Founder and CEO

Activity

Recent News
3
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month