AI Firm Chalk Valued at $500 Million After Raising $50 Million
Artificial Intelligence (AI) Infrastructure Firm Chalk is Halfway to Being a Billion-Dollar Company
The startup announced Wednesday (May 28) that it had raised $50 million in a Series A round, valuing the company at $500 million.
“This funding marks a huge milestone and a powerful validation of our vision for real-time AI infrastructure,” Marc Freed-Finnegan, Chalk’s co-founder/CEO, wrote on the company blog. “When we started Chalk, we knew real-time inference was critical for FinTech. Over the years, we’ve discovered that its importance extends far beyond FinTech — to identity verification, fraud prevention, healthcare and eCommerce.”
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