Prompt engineering startup Vellum.ai raises $5M as demand for generative AI services scales

This morning, Vellum.ai said it had closed a $5 million seed round. The company declined to share who its lead investor was for the round apart from noting that it was a multi-stage firm, but it did tell TechCrunch that Rebel Fund, Eastlink Capital, Pioneer Fund, Y Combinator and several angels took part in the round.

The startup first caught TechCrunch’s eye during Y Combinator’s most recent demo day (Winter 2023) thanks to its focus on helping companies improve their generative AI prompting. Given the number of generative AI models, how quickly they are progressing, and how many business categories appear ready to leverage large language models (LLMs), we liked its focus.

According to metrics that Vellum shared with TechCrunch, the market also likes what the startup is building. According to Read Entire Article

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