Larridin raises $30m Series A to measure enterprise AI value
Pelion Venture Partners leads funding for the AI measurement platform, bringing total capital raised to $47m.
Larridin announced the round on November 2. Andreessen Horowitz and Gradient Ventures returned, alongside new backers including GFT Ventures, W23 Global, Thayer Ventures, DG Daiwa Ventures, Alumni Ventures and BYU Cougar Capital.
The company will develop its product and expand its team. Its platform connects AI adoption, work output and spending data so enterprises can decide where their AI investments deliver value.
Use of funds
Accelerate product development
Expand team