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Orquesta raises €800,000 in pre-seed funding!

Published at
10/2/2023
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Orquesta raises €800,000 in pre-seed funding!

We are thrilled to announce that we have raised €800.000 in an oversubscribed pre-seed funding round to develop the world’s most innovative collaboration platform that empowers companies to seamlessly integrate and operate their products utilizing the capabilities of Large Language Models.

Our funding round is led by Curiosity VC with Adriaan Mol’s investment office, Spacetime, as co-lead. In addition, Golden Egg Check Capital, and various angel investors such as Koen Köppen (Mollie), Milan Daniels, and Max Klijnstra (Otrium), as well as Arjé Cahn (Bloomreach), participated.

Sohrab and Anthony

The rapid advancement in generative artificial intelligence and the emergence of Large Language Models (LLMs) have led to explosive growth in the number of companies adopting this relatively new form of AI. The World Economic Forum even predicts that these tools, which utilize both external and internal datasets to generate new content such as texts, summaries, translations, and inputs for chatbots, will replace 44% of today’s work activities by 2027.

Based on these developments and predictions, we have developed cutting-edge technology that enables our clients to seamlessly integrate and operate their products using the power of Large Language Models through a single collaboration platform. Our platform centralizes prompt management, streamlines experimentation, collects feedback, and provides real-time insights into performance and costs. It is compatible with all major Large Language Model providers, ensuring transparency and scalability in LLM Ops. Ultimately, this leads to shorter customer release cycles and reduced costs for both experiments and production environments. Orquesta is the first company to create such a platform in Europe.

Replacing a fragmented AI tech stack with one single gateway

LLM models are in a constant state of evolution, and research from McKinsey shows that organizations are struggling to keep up in a secure and scalable way. Founded by Sohrab Hosseini and Anthony Diaz, Orquesta offers companies a single gateway through which various LLM models, including those from OpenAI, Azure, Google, Hugging Face, and Cohere, can be directly integrated into their business operations.

All interactions and data are consolidated within one clear dashboard, simplifying the process of experimenting with different prompts in various models and facilitating localization and personalization. Additionally, the platform empowers clients of the technology startup to collect feedback directly from end users, domain experts, and other AI models. These features, combined with real-time insight into performance and costs, lead to optimized results at all times, reducing the release cycles of SaaS companies from weeks to minutes and minimizing the costs associated with experiments and production environments.

As Orquesta is a no-code platform, there is no programming work involved, which promotes efficiency and collaboration within software teams. Less time is required of the engineers, product management maintains the needed overview and internal domain experts can easily check if all interactions are accurate.

We prioritize enterprise-grade security and privacy, providing organizations the tools to comply with EU regulations and build secure products.

€800.000 in pre-seed funding

Today, we are proudly announcing the successful completion of our pre-seed funding round. A total of €800,000 is raised to fund the development and launch of the platform and focus on Europe, which is double the targeted amount. The round is led by Curiosity VC with Adriaan Mol’s investment office, Spacetime, as co-lead. In addition, Golden Egg Check Capital, and various angel investors such as Koen Köppen (Mollie), Milan Daniels and Max Klijnstra (Otrium), and Arjé Cahn (Bloomreach) participated.

The accelerated development of new AI functionalities, leads to increased fragmentation, complexity and a need for speed within the technology landscape for our clients. This prevents the already scarce talent of our clients from focusing on strategic work and growth. With one LLM gateway, including all the necessary tooling, Orquesta is their partner to remain competitive.” says Sohrab Hosseini, co-founder of Orquesta. “We are very excited about the focus and multidisciplinary experience of the various VCs and Angels who match and support our level of ambition.”

Herman Kienhuis, managing partner of Curiosity VC: "The availability of Large Language Models (LLMs) offers tremendous opportunities. With Orquesta, Sohrab and Anthony have developed a no-code platform that allows companies to easily configure, test, and manage complex prompts and various LLMs, leading the way in the market to assist companies in the application of these new Generative AI technologies."

Due to the acceleration of AI capabilities and adoption, we expect the landscape of LLM providers and models to grow exponentially. Orquesta has built a best-in-class no-code platform that allows engineers to focus on their proprietary product and shorten release cycles instead of managing LLM integrations, configurations, and rules”, says Adriaan Mol, founder of Mollie, Messagebird and Spacetime.

About Orquesta

Orquesta was founded in 2022 by Sohrab Hosseini and Anthony Diaz. It empowers companies to seamlessly integrate and operate their products using the capabilities of Large Language Models through a unified collaboration platform.

The platform centralizes prompt management, streamlines experimentation, collects feedback, and provides real-time insights into performance and costs. It's compatible with all major Large Language Model providers, ensuring transparency and scalability in Large Language Model Operations (LLM Ops), ultimately leading to shorter customer release cycles and reduced costs for both experiments and production environments.

About Curiosity

Curiosity is a Dutch venture capital fund focused on early-stage investments in ambitious, diverse teams based in the Benelux, Nordics, and Baltics. The fund invests in AI-driven software companies that serve the world, not eat it. Curiosity is led by two experienced operator-investors, Herman Kienhuis and Maurice Beckand Verwee, supported by a community of expert advisors and portfolio company founders who are all co-owners of the fund. Curiosity invested in a.o. Deeploy from Utrecht, Oslo-based Strise and Dreamdata from Copenhagen.

For more information, please visit https://www.curiosityvc.com

About Spacetime

Spacetime is an independent investment vehicle deploying capital and hard-won experience to fellow founders. It provides flexible and long-term growth capital to technology companies in various industries. Through active involvement and through sharing its knowledge, network, and experience, gained from building companies such as Mollie and MessageBird, it supports entrepreneurs in achieving growth for their business.

For more information, please visit www.spacetime.nl

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