VC Fund Investments

Developer tools maker Maxim AI raises $3-M led by Elevation Capital

Economic Times   Maxim AI  

San Francisco, CA (USA)- and India-based Maxim AI , which helps developers evaluate and monitor their artificial intelligence applications, has raised USD 3 million in a funding round led by Elevation Capital. The round also saw participation from angel investors including founders of Postman, Chargebee, Groww, Razorpay and Media.net.The proceeds will be used by Maxim AI to expand the team and scale operations to partner with more enterprises developing AI products.Founded in 2023 by Vaibhavi Gangwar and Akshay Deo, the developer-focused platform helps in the evaluation of AI applications throughout the development lifecycle, including engineering, pre- and post-release testing, as well as data management and fine-tuning.

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