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Lightspeed leads $3 Mn round in Portkey.ai


Artificial intelligence apps building platform Portkey.ai has raised $3 million in a seed funding round led by Lightspeed along with participation of angel investors from AWS, OpenAI, cloudflare, Postman, and Asana.

The funds will be utilised to scale the business (tech and people) while building new product capabilities,research and development, and build out the LLMOps stack, Portkey.ai said in a press release.

Co-founded in January 2023 by Rohit Agarwal and Ayush Garg, Portkey.ai has built tools that allow businesses to monitor their language models (LLMs) efficiently, experiment, improve and manage prompts effectively. It also offers deep integrations with players like OpenAI, Anthropic, Langchain, and more. 

The company claims that it already serves millions of requests a day for innovative Gen AI companies like Postman, Jio Haptik, Springworks and more through their full stack LLMOps solution.

The Bengaluru-based company says its key areas of exploration include real-time canary testing for continuous evaluation of models and prompts, and fine-tuning models, areas in which Portkey plans to release new products in the near future. The company also says that it has a global footprint, with a significant user base in the U.S. In the long run, it aims to enhance AI application development for its fast-growing customer base.

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