Amsterdam-based Generative AI platform Orq.ai has secured €2.3 million in Pre-Seed funding. Orq.AI is the first European all-in-one Generative AI platform for Enterprises to integrate with various Large Language Models (LLMs) and enable close collaboration across an organisation.
Orq.ai, formerly known as Orquesta.cloud, was founded in 2022. It empowers companies to integrate and operate their products using the capabilities of Generative AI through a unified collaboration platform.
The platform centralises prompt management, streamlines experimentation, collects feedback, and provides real-time insights into performance and costs. It's compatible with all major Large Language Model providers, ensuring transparency and scalability in LLM Ops. This ultimately leads to shorter customer release cycles and reduced costs for experiments and production environments.
After a first oversubscribed Pre-Seed funding round of €800,000 in September 2023, Orq.ai has closed an extension round of an additional €1.5 million. The company is also launching two new products, Experiment and Optimise.
Experiment makes it easy to set up and test thousands of Generative AI use cases, prompts, and data sets across 75+ AI models. With Optimise, teams have real-time analytics on all interactions with Generative AI models, which domain experts can curate for ongoing improvements and model fine-tuning.
Sohrab Hosseini, co-founder of Orq.ai, shared:
"The complexity and speed of new possibilities in Generative AI requires a new way of working and new organisational tools. Our goal is to demystify AI by making it accessible to everyone.
With our integrated Generative AI platform that meets the highest EU security and data protection standards, Orq.ai is the right partner for companies to stay competitive. We see our existing Enterprise clients already using Orq.ai as an enabler for larger AI transformations and new ways of working."
The current financing round is led by XO Ventures and xdeck Ventures. Existing investors Curiosity VC and Spacetime also joined. The new investments will expand the European market's product and go-to-market teams. The initial focus will be on Germany and the Benelux countries.
Bart Malenstein, Managing Partner at XO Ventures, shared:
"We are very excited to work with founders Sohrab and Anthony and the entire Orq.ai team to help them further develop and roll out their cutting-edge Generative AI platform domain experts and product managers."
Lead image: Orq.ai. Photo: uncredited.
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