Essential AI
essential.ai
Actively hiring
AI Research Labs
Foundation Models
As featured in
Follow
Overview
News
Salaries
Products
People
Growth
Offices
Financials
Funding and backers
Total raised
$93M
2 rounds on record
Latest round
$56.5M
Series A · Dec 2023 · 2 yr ago
Team
51-200
employees, estimated range
The money's age
Long since its last round
34 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Dec 12, 2023
Raised a round Series A $56.5M · led by Franklin Venture Par · businesswire
2023
Founded
Tractionpublic signals, read monthly
Web presence
top 0.86%
of 133.2M domains by links, Common Crawl
Hacker News stories
6
best: 41 points
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Series A | Dec 2023 | $56.5M | Franklin Venture Par lead, AMD | businesswire |
| Venture round | Oct 2023 | $36.5M | — | SEC Form D |
Registers and programsofficial lists and records that name the company
| Legal entity | Essential AI Labs, Inc. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Niki ParmarExecutive Officer, DirectorSEC Form D
Ashish VaswaniExecutive Officer, DirectorSEC Form D
Investors in similar startupsfunds that back the companies most like this one
Similar startupsby what they do, their industry and backers
Sakana AI is a Tokyo research laboratory taking a nature inspired approach to foundation models, favouring collective intelligence and…
Mirendil is a frontier AI research company that trains its own models end to end and aims to make AI research and development available…
Zyphra is an artificial intelligence research company that develops open foundation models, including the Zamba hybrid state-space language…
Reflection AI is a company founded in 2024 by former Google DeepMind researchers who worked on AlphaGo and large language models. It builds…
Radical Numerics is a research laboratory working on recursive self improvement of machine learning systems, where models help design the…
The Institute of Foundation Models (IFM) is an AI research lab developing open frontier foundation models.
Overview
Essential AI is a San Francisco research company founded in 2023 by two co-authors of the transformer paper. It works on frontier language models and on data research, publishing open datasets and analyses of how pretraining corpora shape model capability. The company is backed by chip and cloud investors including Nvidia, AMD and Google.
News
Essential AI
Essential AI builds open-source models and tools to make frontier AI more accessible.
Read more
Report
7 Essential AI Tools for Small Law Firms (2025 Guide)
For years, the narrative in the legal industry has been one of scale. Large firms could leverage massive teams for document review, dedicate countless hours...
Read more
Report
24 Trillion Tokens, 0 Crashes: How Essential AI Built Essential-Web v1.0 with Daft
Essential AI leveraged Daft's data engine to process a massive web-scale dataset for large language model (LLM) training.
Read more
Report
Essential AI
Essential AI builds open-source models and tools to make frontier AI more accessible.
Read more
Report
Essential AI Chooses Google Cloud to Power Enterprise Decision Making with Generative AI
/PRNewswire/ -- Essential AI and Google Cloud today announced a new multi-year partnership to simplify and scale the development of full-stack generative...
Read more
Report
Essential AI: $56.5 Million Raised To Enhance Automation
Essential AI recently announced it has raised a $56.5 million Series A funding round led by March Capital including participation from AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, and Thrive Capital. The company previously raised an $8.3
Read more
Report
Ashish Vaswani (@ashVaswani) on X
I'm thrilled to announce our company, @essential_ai . We believe that breakthroughs in AI will unlock the most profound tools for thought, advancing humanity's collective knowledge and capability.https://t.co/unA2spJDDR
Read more
Report
Essential AI raises $56.5M for LLM products
Essential AI says the products would make data analysts 10x faster and give business users the ability to become data-driven decision-makers.
Read more
Report
Show more news
People
Niki Parmar
Executive Officer, Director
Ashish Vaswani
Executive Officer, Director
James Montgomery
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
San Francisco
United States
HQ
50-200 est. staff