Athina AI is spending $3 million to build production-grade AI applications

The round was attended by CTO of Perplexity Denys Yarats, Kleiner Perkins Scout Fund, Y Combinator, CEO of Snorkel AI Alex Ratner and others.

The fresh capital will be used to accelerate product development, particularly in AI agents and multimodal systems

The startup’s platform helps businesses build and control AI applications, including large-scale chatbots that serve more than 100 million users

Athina AI, which operates on a SaaS model, has raised $3 million (INR 25) in a seed funding round from investors including Perplexity CTO Denis Jaratz, Snorkel AI CEO Alex Ratner, Kleiner Perkins Scout Fund and Y Combinator. others

Thanks to this, the startup claims to have raised $4.1 million in total funding so far.

Athina AI, founded by Himanshu Bamoria and Shiv Sakuja, offers an end-to-end platform that helps companies build and control production-grade AI applications.

The platform allows companies to experiment with hints and models, collaborate between technical and non-technical team members, and monitor AI performance in manufacturing. It helps teams measure the accuracy and performance of AI results.

The startup counts several unicorns among its enterprise clients, including Perplexity, Meesho, PhysicsWallah and listed company Doximity. Most paying customers are mid-market companies and enterprises located in the US.

“The majority of this funding amount will go towards product enhancements so that we can meet the growing demands of our customers. As the entire landscape changes and new requirements emerge, we want to improve the product to meet all these requirements,” Bamoria told Inc42.

“Our vision is to help companies build performance-grade AI applications. Right now, we’re more focused on helping people build reliable AI agents,” he added.

The company recently shifted its headquarters from India to San Francisco.

The startup claims to have previously raised an undisclosed amount in an earlier funding round led by Flourish Ventures, GSF India, IndiaMART founder Dinesh Agarwal, Matrimony.com founder Murugavel Janakiraman and Zomato co-founder Mohit Gupta.

The funding comes at a time when AI development tools are in high demand.

According to This is reported by Inc42The artificial intelligence market is expected to grow from USD 387.45 billion in 2022 to more than USD 1.3 trillion by 2029. Currently, 85% of Indian SaaS companies use AI, and there are over 1.5 thousand AI-powered SaaS startups in India.

The round follows other notable investments in the AI ​​development space. Recently an AI SaaS startup Ennoventure raised $8.9 million in Series A financing led by Tanglin Venture Partners. Earlier this month BiteSpeed ​​earned $3.5 million in Pre-Series A funding led by Peak XV Partner’s Surge to expand AI offerings to e-commerce players.