Algorithmia Blog

Algorithmia Raises Series A Funding

To our users,

Today we are excited to announce that Algorithmia has completed a Series A financing of $10.5M led by Google’s new fund focused on AI and machine learning investments with the participation of Madrona Venture Group, Rakuten Ventures, Osage University Partners, and Work-Bench.

Financing rounds are rarely a goal state (or at least they shouldn’t be) but an important milestone in allowing a company to continue to build out its mission.

We intend to focus this coming period on two areas:

Our mission has been and remains to “make state of the art algorithms discoverable and accessible to everyone” and we are thrilled to see the excitement behind that goal.

We also would like to take this time to thank every one of our users for checking us out, trusting us with your applications and allowing our company to reach today’s milestone. We know we would have never done it without you and for that, we remain eternally grateful.

Our team is expanding – join us! check out our openings at algorithmia.com/jobs.

Humbly yours,
Diego Oppenheimer
CEO – Algorithmia