Dust

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Dust - overview

Established

2023

Location

Paris, -, France

Primary Industry

Software

About

Based in Paris, France, and founded in 2023 by co-founders Andrew Hunt, Stanislas Polu, and Ryan Ozonian, Permutation Labs, doing business as Dust, offers a platform that empowers organizations to harness the potential of large language models (LLMs) through customizable and secure AI assistants. In June 2023, Dust raised EUR 5 million in seed funding led by investor Sequoia Capital, with participation from other investors XYZ, GG1, AIGrant, Connect Ventures, Motier VC, Remote First, Tiny Supercomputer, and Seedcamp. The company offers a platform that provides access to large language models (LLM), including OpenAI's GPT-3. 5 and Anthropic's Claude.


Users can select models that align with their specific needs and budgetary considerations. The platform empowers users to design and customize AI assistants tailored to address specific tasks and workflows within organizations for a streamlined work environment. In addition, the software seamlessly integrates with various internal data sources, such as Notion, Slack, and Google Drive. This allows assistants to access and leverage valuable company information, provide insightful responses, and complete tasks effectively.


Dust prioritizes data security and user access control. Administrators can leverage granular permission systems to manage user roles and permissions within the platform, ensuring data integrity and appropriate access levels. The company generates revenue through its monthly subscription, which costs EUR 29 per month per user. The company plans to use the June 2023 funding to further develop its platform.


Current Investors

Hong Shan, Seedcamp, Connect Ventures

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Systems Management Software

Website

www.dust.tt/

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.