Funding daily

H2O.AI Raises $100 Million to Make AI Tools Usable by Any Enterprise

What is and what does it do? is a startup developing an open-source framework, proprietary apps making it easier for any size and sector enterprise to operate artificial intelligence-based services.

Who founded

Sri Ambati, the founder and CEO, previously also a co-founder of Platfora (a company acquired by Workday) has said that about 40% of the company’s revenues currently come from the world of financial.

How much has raised?

A great round number, $100M. The mountain View-based company has raised $246.5 million to this day.

Who has invested in

This Series E round was led by the Commonwealth Bank of Australia which happens to be a customer of the startup 

What domain name does operate on?

The brand operates on The AI extension has been widely adopted by tech startups as it is associated with popular technology term (Artificial Intelligence) and offer a lot more availability than other TLDs. Using a number in the brand and domain name can be challenging in this digital era, as users may struggle to guess whether to write “two” or “2” when hearing the name.

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Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
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