VC Fund Investments

Machine learning enabler for SMBs TrueFoundry raises $2.3 M led by Sequoia India, Surge

Economic Times  

San Francisco, CA (USA)-based machine learning startup TrueFoundry has raised USD 2.3 million in a seed fund round led by Sequoia Capital India's Surge. AngelList co-founder Naval Ravikant and Eniac Ventures also participated in the funding round. The startup's other angel investors include Deutsche Bank Global CIO Dilip Khandelwal, Head of GitHub India Maneesh Sharma, Greenhouse Software CTO Mike Boufford and Kaggle founder Anthony Goldbloom. Founded in 2021 by former Meta executives Abhishek Choudhary and Nikunj Bajaj, and angel investor Anuraag Gutgutia, TrueFoundry provides tools for small businesses to deploy and monitor machine learning models. The startup will use the new capital for hiring talent and for product development.

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