Team-GPT, a startup focused on providing AI tools to businesses, has raised $4.5 million in a seed round led by True Ventures, with participation from Pact and several angel investors, including former OpenAI employees. The company was founded in 2023 by Iliya Valchanov, Ilko Kacharov, Yavor Belakov, Katya Vaptsarova, and Maria Valchanova, and offers a suite of customizable AI tools designed for mid- to large-size companies looking to integrate AI into their operations.
Team-GPT allows companies to use AI models like Claude and ChatGPT in a secure, integrated platform that can be deployed on-premises, preserving data privacy without reliance on external providers. By offering a suite of tools, Team-GPT simplifies the adoption of AI by allowing businesses to manage multiple AI functions under one subscription instead of handling separate licenses. This setup is especially beneficial for companies needing tailored solutions with their own data, as Team-GPT’s tools can run on servers without data retention.
The startup already counts Salesforce and Johns Hopkins among its 45,000 clients, providing enterprise-level features such as platform administration and group mapping, alongside online courses on using AI tools effectively. The new funding will enable Team-GPT to expand its team and enhance product offerings to better serve its growing client base.
Team-GPT differentiates itself by focusing on businesses interested in customized AI applications that align with their data privacy and security needs.
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