Maxim AI raises $3M to help enterprises test and rapidly ship AI products

Maxim AI, an enterprise-grade evaluation and observability platform for AI applications, announced it secured $3 million in a recent funding round led by Elevation Capital, empowering the company to announce the general availability of its platform. Additionally, the company plans to use the funds to expand its world-class team and scale its operations to partner with more leading enterprises building AI products.

The round also saw participation from marquee angel investors including founders of Postman, Chargebee, Groww, Razorpay, Media.net, among others.

Founded in 2023 by Google-Postman duo Vaibhavi Gangwar and Akshay Deo who collectively bring over a decade of experience in building AI and developer-focused tools, Maxim aims to bring the best practices of traditional software development to streamline AI development workflows.

Maxim’s infrastructure, which sits between the foundational model and application layers of the AI stack, is deeply focused on AI developers who comprise the traditional AI/ML engineers as well as the emerging class of backend engineers now leading AI development across organizations.

The Maxim stack provides end-to-end AI evaluation across the development lifecycle: right from prompt engineering, pre-release and post-release testing for quality and functionality, to data management and fine-tuning.

“Even though we are seeing tremendous value creation in the AI hardware and foundational model stack, for the benefits to be realized meaningfully up the value chain, we need the products built on top of the generative AI stack to be trustworthy and reliable. This makes evaluation a very critical piece of AI infrastructure. However, today there is no standardization in the generative AI testing space unlike traditional software development. That’s where Maxim comes in: with our users, we have become this very core piece of infrastructure that is powering high quality AI development, streamlining team collaboration, and saving development teams hundreds of hours per month,” said Gangwar and Deo in a joint statement.

So far, in private beta, the company has attracted multiple global customers who are at the forefront of the AI revolution.

Looking ahead, Maxim is committed to expanding its platform capabilities including proprietary domain-specific evaluations for quality and security as well as its data engine to accelerate reliable and scalable deployment of AI products, according to the company.

For more information about this news, visit www.getmaxim.ai.