Log10, a platform designed to assist developers in building more accurate LLM-powered applications, has successfully secured $7.2 million in seed funding. The funding round was led by TQ Ventures and Quiet Capital, with Essence Venture Capital participating in the investment.
The primary goal of the funding is to accelerate the introduction of new products, increase research and development spending, and scale operations to meet the growing demand from developers for enhanced LLM application accuracy. Co-founder and CEO Arjun Bansal expressed gratitude for the support from investors and customers, highlighting the company’s commitment to providing a seamless integration with LLM-powered applications.
Log10 tackles the challenge of achieving high accuracy rates in scaling LLM-powered applications by leveraging AI and synthetic data to simulate human review processes. This approach not only enhances accuracy rates but also reduces the time and resources required for manual review and debugging. The result is faster development cycles and the generation of more precise and relevant outputs for customers.
Co-founder and CTO Niklas Nielsen emphasized the company’s mission to improve LLM application accuracy and deliver top-notch customer experiences. The AutoFeedback solution offered by Log10 streamlines human review processes, monitors quality, identifies issues, and curates high-quality datasets for fine-tuning.
Investors TQ Ventures and Quiet Capital commended Log10’s capabilities in enhancing LLM accuracy and supporting the creation of best-in-class AI-driven customer experiences. With a focus on innovation and reliability, Log10 aims to continue its growth trajectory and provide valuable solutions in the AI space.
The funding round is a significant milestone for Log10, enabling the company to expand its capabilities and drive advances in reliable outputs from large language models. Early customers, such as OpenBB CEO Didier Rodrigues Lopes, have lauded Log10 for its role in rapidly responding to customer feedback and improving product quality.
Founded by experienced entrepreneurs Arjun Bansal and Niklas Nielsen in 2023, Log10 is poised to revolutionize the development of LLM-powered applications. The company’s innovative tools and solutions cater to the evolving needs of developers and ensure the efficient and effective utilization of AI technologies for optimal outcomes.
For more information about Log10 and its groundbreaking platform, visit the company’s website.
