Distyl

Assembly Line

Distyl Secures $20M from Lightspeed and Khosla Ventures to Deliver Biggest, Most Impactful Enterprise AI Outcomes

๐Ÿ“… Date:

๐Ÿ”– Topics: Funding Event

๐Ÿข Organizations: Distyl, Lightspeed Venture Partners


Distyl has raised $20 million in Series A funding to supercharge its growth and to meet the accelerating demand from its Fortune 100 customers. This round adds Lightspeed Venture Partners, who led the round, and Khosla Ventures, early investors in OpenAI. Existing investors Coatue, Dell Technologies Capital and Nat Friedman also joined, along with strategic and angel investors. This funding will accelerate Distylโ€™s efforts to build the best-in-class AI engineering and research team to meet increasing customer demand.

Distyl unites AI-native software with a premier engineering and research team that customizes AI building blocks for rapid implementation and results at enterprise scale. The company is trusted to deliver transformative outcomes by Fortune 100 leaders across healthcare, telecommunications, CPG, retail and manufacturing industries. For example, one Fortune 500 company estimated a 47% increase in resolution time around daily tasks after partnering with Distyl to deploy AI in their supply chain.

Read more at PR Newswire