Machine learning startup TrueFoundry raised $2.3 million in seed led by Sequoia India and Southeast Asia’s Surge where angel List cofounder Naval Ravikant and Eniac Ventures also participated.
TrueFoundry is a platform that allows startups and small businesses to deploy and monitor machine learning models at the same rate as large tech companies like Alphabet and Meta. The funds will be used by the startups to hire tech talent and develop new products. TrueFoundry’s product can be deployed in five minutes by small business and startup machine learning developers, making them 10x faster. According to the company, this will allow machine learning engineers to focus on higher-value and more creative tasks.