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HomeFunding CA-based Chalk Secures $10M in Seed Funding

[Funding alert] CA-based Chalk Secures $10M in Seed Funding

CA-based Chalk Secures $10M in Seed Funding. This round was led by General Catalyst, Unusual Ventures, and Xfund to build the data platform for machine learning and generative AI.

CA-based Chalk Secures $10M in Seed Funding. This round was led by General Catalyst, Unusual Ventures, and Xfund to build the data platform for machine learning and generative AI.

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Chalk’s infrastructure is not just about powering decisions; it’s about empowering developers. They deeply understand the pain points and workflows that make machine learning challenging, and Chalk was built to ease that pain.

Ryan Delgado, Staff Software Engineer, Data Platform, Ramp said “Chalk has become a critical component of our Risk Intelligence Platform. It expanded Ramp’s capabilities with online machine learning and enabled us to scale safely by powering our transaction fraud model and credit underwriting process.”

Other fintechs including Melio, Mission Lane, Pipe, and MoneyLion also leverage Chalk for critical use cases that require integrating the freshest possible data to make real-time decisions.

Read also – PA-based Geo-Solutions Secures an Investment from Blue Sage Capital

Whatnot, the largest independent live shopping platform in the US, also uses Chalk as its machine learning feature platform to support recommendations, ranking, and fraud use cases for its buyers and sellers.

Te Riu Warren, CTO, Vital said, “Emergency room decisions can mean life or death for patients. Chalk powers these most critical predictions for us. We evaluated a wide range of technical solutions and Chalk stood out for having the very best developer experience at the most competitive cost.”

About Chalk

Chalk, Large-scale machine learning problems can be difficult to solve and demand a great deal of effort and mathematical correctness. The chalkboard, a favourite tool of mathematicians globally, served as the inspiration for their name. The QED sign, which denotes the conclusion of a mathematical proof, is the source of their logo.

Read also – Colombian Fintech Startup Supra Secures an Undisclosed Amount in Funding

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