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3 Latest Announced Rounds

$1,652.74M Raised in 81 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Armilla AI

start up
Canada - Toronto, ON
  • 20/02/2024
  • Seed
  • $4,500,000

Armilla AI is a provider of AI risk mitigation and transfer solutions on a mission to enable enterprises to safely deploy cutting edge AI. Using industry-leading AI/LLM evaluation technology, the company assesses and measures the risk level of AI models to provide AI verification and warranties, backed by leading reinsurers Swiss Re, Greenlight Re and Chaucer. A graduate of renowned AI and insurtech accelerators, including Creative Destruction Lab, Y-Combinator, Lloyd’s Lab and Betaworks’ AI Camp, Armilla AI was recently named to FinTech Global's Insurtech100 and InsureTechConnect's Forward50, and is a winner of the Responsible AI Institute’s 2023 award for most outstanding product. Armilla’s clients include AI scale ups and large enterprises in financial services, insurance, healthcare, human resources, legal services, manufacturing and beyond.


Related People

Karthik RamakrishnanFounder

Karthik Ramakrishnan Canada - Toronto, Ontario

A 20-year veteran of the Canadian tech ecosystem, my mission is to help global organizations achieve their unique vision for artificial intelligence. I believe it's possible and vital for every business to define a compelling strategy for AI: a roadmap for creating value in the short term while building capabilities to win in the long term.

Let's get in touch if you want help making AI real at your business.