Go.AI says it raised $85M to put auditable AI inside banks' walls
Updata Partners led Go.AI's round to expand on-premises AI hardware and software; its Chicago founders met as accounting professor and student.
By RuntimeWire Staff · Published
Primary source: Business Wire
Why it matters
Go.AI's $85M round backs a hardware-and-software route to private AI. According to Go.AI's Series A announcement, it has more than 200 customers across financial services, healthcare, aerospace and defense, and manufacturing, and plans to expand beyond regulated industries into a broader set of compliance-minded organizations.
David Moscatelli and Lisa Gillespie said their Chicago company, Go.AI, raised an $85 million Series A to expand AI systems that run inside customers' own facilities. The September 22nd announcement named Updata Partners as lead investor, with existing backers GFT Ventures and LAUNCH participating. Go.AI says the financing brings its total funding to $90 million.…
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.