H2O.ai, Inc.
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H2O.ai, Inc. - overview
Established
2012
Location
Mountain View, CA, US
Primary Industry
Software
About
Based in California, US, and founded in 2012 by Cliff Click, and Sri Satish Ambati, H2O. ai, Inc. , is a developer of open-source artificial intelligence and machine learning platform that helps data scientists and developers in accelerating their algorithms used for various applications. In November 2021, H2O.
ai, Inc. raised USD 100 million in a Series E funding led by Commonwealth Bank, with participation from other Celesta Capital, Pivot Investment Partners, Crane Venture Partners, Goldman Sachs Merchant Banking Division, New York Life Investment Management, NVIDIA Corporation, and Wells Fargo Securities. The series E funding values H2O. ai, Inc.
at USD 1. 7 billion post-money and has raised a total of USD 245. 1 million in funding. As of November 2021, co-founder Mr.
Sri Ambati is the CEO of H2O. ai, Inc. The company provides an H2O AI Cloud platform, which is powered by automated machine learning (autoML). H2O AI Cloud platform helps customers to drive research breakthroughs and uncover new opportunities for market disruption.
In addition, the platform connects teams during the developing, operating, and innovating phases of the projects. The company provides its solutions to multiple industries, including financial services, insurance, healthcare, marketing, retail, telecom, and manufacturing. H2O. ai, Inc.
plans to use its proceeds from a Series E funding to scale marketing, sales, customer success, and partnerships globally.
Current Investors
Nexus Venture Partners, Aegon Capital Management, NVIDIA Corporation
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.h2o.ai
Verticals
Artificial Intelligence, Artificial Intelligence, Artificial Intelligence, Big Data, Cloud Computing
Company Stage
Series E
Total Amount Raised
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