Open Source Continuous Machine Learning Platform Sematic Raises $3 Million Seed Funding Led by Race Capital
Sematic is the only platform to offer end-to-end continuous machine learning automation for the next million data scientists and machine learning engineers
SAN FRANCISCO, Nov. 17, 2022 (GLOBE NEWSWIRE) — , an AI-powered workplace safety platform, and has gained significant adoption from the open-source community.
“Sematic is exactly the kind of machine learning platform we want at Voxel. It gives my ML team unparalleled visibility into our ML pipelines and just the right level of abstraction for us to focus on business logic and leverage cloud resources without requiring infrastructure skills,” said Anurag Kanungo, CTO and Co-founder of Voxel.
“Data is the new oil and Sematic is building the new oil rig for the ML engineer team,” said Alfred Chuang, Partner at Race Capital. “Today, ML engineers heavily rely on their infrastructure team for testing, automation, and deployment of ML models. This inefficiency leads to more than 80% of all trained ML models never making it to production. We are proud to partner with Emmanuel and his team to empower the next million data scientists and ML engineers and beyond. This is a crucial problem whose solution will push the entire data and machine learning industry forward.”
Sematic will accelerate its hiring process, launch its hosted cloud offering and continue to attract more developers to its best-in-class machine learning platform.
About Sematic
Sematic is the open-source continuous machine learning platform that enables any company to develop automated ML training pipelines in days not weeks. Founded by Emmanuel Turlay, founding member of Cruise’s ML Infrastructure team, Sematic’s mission is to democratize access to continuous machine learning for companies of all sizes.
About Race Capital
Race Capital is an early-stage venture fund focused on investing in exceptional founders who are building market-transforming companies in the data, enterprise, infrastructure, and fintech sectors. Our team are seed investors in Databricks, Solana, Agora.io, and many other great companies. For more information, visit https://race.capital/.
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