SUMMARY
- LLUMO AI is set to enter the US market,co-founded by Shivam Gupta and Akshat Anand in 2023.
- The startup has secured $1 million (approximately Rs 8 crore) in a seed funding round led by SenseAI Ventures.
- Reduce costs by up to 80% while preserving output quality.
LLUMO AI has secured $1 million (approximately Rs 8 crore) in a seed funding round led by SenseAI Ventures, along with additional capital from India Quotient, AumVC, Venture Catalyst, and IIM Indore being angel investors.
This Noida-based startup co-founded by Shivam Gupta and Akshat Anand in 2023, is set to enter the US market. This platform is designed to integrate seamlessly with existing AI workflows, providing businesses with substantial cost savings thereby, improved transparency in the performance of large language models (LLMs).
“With this funding, we are one step closer to realizing our vision of making Generative AI accessible, affordable, and impactful for businesses worldwide,” Shivam Gupta, Founder.
LLUMO AI’s cutting-edge technology consists of two proprietary small-scale LLMs. Considering One model compresses prompts, reducing costs by up to 80% while preserving output quality at a constant rate. The other, Eval-LM (Evaluation Language Model), assesses LLM-generated outputs without the need for ground true data. These advancements will enable businesses to optimize their AI applications, ensuring faster iterations and sustainable growth.
The company’s goal is to amid the gap between proof of concept (POC) and full-scale production, which could enable the efficient deployment of AI solutions in this era. LLUMO AI’s technology is set to drive innovation and enhance customer experiences across various industries according to customized requirements.
