US-based Roboflow’s $40 million series B investment round was led by GV.
Visual artificial intelligence startup Roboflow has raised $40 million. GV Ventures led the US-based company’s $40 million series B investment round. Roboflow’s investment round included Craft Ventures, Y Combinator, Guillermo Rauch of Vercel AI, Jeff Dean of Google and Amjad Masad of Replit.
The company announced that it will use the new investment to develop products, grow its engineering and product teams, and accelerate its sales and marketing strategies.
Founded in 2019 by Brad Dwyer and Joseph Nelson, the company offers a comprehensive platform that enables developers to create and integrate computer vision models into applications.
Initially founded as a tool for managing large image sets, Roboflow has evolved into a solution that covers every stage from raw image and video data to developing production-ready visual AI applications.
Roboflow enables users to label their data, assess the quality of their data sets, generate new training data and test different configurations to improve the performance of their models.
Once the training process is complete, the platform facilitates the deployment of the finished application in the cloud, edge or web browser. It monitors performance and informs users of any potential degradation.
The company’s platform is used by more than 25,000 companies and more than one million developers. Roboflow also offers more than 500 thousand image and video datasets, more than 500 million images and more than 150 thousand pre-trained computer vision models.
