Bangalore, India-based company that makes Large Language Models, like ChatGPT, ready to deploy for complex business outcomes, WorkHack raised USD 1.5 million in seed funding. The round took place on May 15, 2023. Together Fund, along with Nexus Venture Partners, co-led the financing for the company. Meanwhile, The New Normal Fund, led by Allison Pickens as well as several marquee angel investors, joined in the funding.
Purpose of financing for WorkHack
With the latest proceeds, the company seeks to develop its suite of tech layers allowing businesses to deploy safe, thoughtful, and responsible AI functions.
What the company’s official has to say
Akshat Tyagi, the founder of WorkHack, commented: “ChatGPT is an exciting consumer tool to play with, and there is palpable excitement among companies. Even large customer engagement platforms like Intercom, Hubspot and Salesforce have attempted to use generative AI within their current products. WorkHack answers the questions of how to make the adoption scale responsible. We will be the stable AI layer that enterprises trust for solving their generative AI journey. Our core strength is recognising what areas of human interactions can significantly benefit from a technology that appears to be able to think and reason”.
He further added, “Many companies are trying and have tried to train their own LLMs for security reasons, but more often than not, these do not stand a chance against models built by larger tech companies. WorkHack will be the layer on the top of existing LLMs to make it viable for businesses to move forward with AI adoption.”
What the investors have to add
Manav Garg, Founding Partner Together Fund and CEO, Eka, said, “We are thrilled to partner with Workhack. It is a leading provider of generative AI solutions. As every business will need tools to control and leverage Generative AI to drive better customer engagement. We believe that Workhack is the ideal partner for businesses to achieve that goal. Workhack’s platform makes it seamless for any consumer-facing enterprise to make AI goals driven towards their sales & marketing use cases in a predictable and secure fashion”.
In addition, Jishnu Bhattacharjee, managing director of Nexus Venture Partners, said, “Application layer for generative AI till now has primarily aided activities like copywriting and graphic editing. WorkHack aims to build predictability and goal alignment for companies to deploy and find their own interesting use cases of Gen AI. We are thrilled to partner with Akshat and WorkHack team to help drive the adoption of Generative AI at scale.”
About the company
Akshat Tyagi launched the company in 2021. India-based WorkHack operates as the first large-scale enterprise deployment of ChatGPT’s foundation technology for complex use cases.
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