H2O.ai

Enterprise Software

Founded: 2012

Last Round Valuation: $1.7B

H2O.ai, founded in 2012 by Cliff Click and Sri Satish Ambati, is an AI cloud company committed to making AI accessible to all. The H2O AI Cloud platform empowers customers to efficiently tackle intricate business challenges, drive innovation, and expedite the exploration of fresh concepts. Headquartered in Mountain View, CA, H2O.ai enables organizations to swiftly generate, implement, and advance AI solutions while democratizing the power of artificial intelligence.

H2O.ai Overview:

H2O.ai is a leading AI cloud company that was established in 2012 with a mission to democratize AI and make it accessible to everyone. The company was founded by Cliff Click and Sri Satish Ambati, both renowned experts in the field of artificial intelligence.

At the core of H2O.ai's offerings is the H2O AI Cloud platform, a robust and comprehensive solution designed to enable organizations to rapidly develop, deploy, and iterate AI models. The platform empowers customers to solve complex business problems and drive innovation by leveraging the power of AI.

The H2O AI Cloud platform provides a wide range of tools and capabilities that streamline the entire AI workflow. It enables users to easily make predictions, gain insights, and automate decision-making processes. The platform supports various data science and machine learning techniques, empowering users to build accurate and scalable models.

One of the key strengths of H2O.ai is its commitment to simplicity and ease of use. The platform offers a user-friendly interface and intuitive workflows, making it accessible to both data scientists and business professionals with limited coding experience. This democratizes AI by allowing individuals from diverse backgrounds to harness its power without extensive technical knowledge.

Furthermore, the H2O AI Cloud platform fosters collaboration and innovation within organizations. It facilitates seamless collaboration between data scientists, business analysts, and domain experts, enabling them to work together to solve complex problems and uncover valuable insights. This collaborative approach accelerates the discovery of new ideas and drives meaningful business outcomes.

Headquartered in Mountain View, California, H2O.ai has established itself as a trusted partner for numerous enterprises across industries. The company's AI cloud solutions have been successfully adopted by organizations worldwide to address a wide range of challenges, such as predictive analytics, fraud detection, customer segmentation, and more.

In summary, H2O.ai is a leading AI cloud company that aims to democratize AI by providing a comprehensive platform that empowers organizations to rapidly develop, deploy, and innovate with AI solutions. With its user-friendly interface, collaborative capabilities, and commitment to simplicity, H2O.ai is driving the adoption of AI across industries and enabling organizations to unlock the full potential of artificial intelligence.

Founders:

  • Sri Ambati

  • Cliff Click

  • Arno Candel

Top Investors:

  • NVIDIA Corporation

  • Goldman Sachs

  • Wells Fargo

  • Nexus Venture Partners

  • New York Life Investment Management

  • Crane Venture Partners

  • Aegeon

  • Riverwood Capital

  • Ping An Insurance

  • Transamerica Ventures

  • Pivot Investment Partners

  • Commonwealth Bank of Australia

  • Ash Bhardwaj

  • Rakesh Mathur

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Nov 2021 Series E $91.03MM $239.04MM $28.63 $1.7B Commonwealth Bank of Australia, Pivot Investment Partners, Goldman Sachs
Nov 2021 Series E-1 $8.97MM $156.98MM $25.77 $1.7B Commonwealth Bank of Australia, Pivot Investment Partners, Goldman Sachs
Aug 2019 Series D $72.77MM $148.01MM $8.32 $409.86MM Ping An Insurance, Goldman Sachs, Nexus Venture Partners
Nov 2017 Series C $40.05MM $75.24MM $5.24 $203.96MM Aegeon, Crane Venture Partners, New York Life Investment Management
Nov 2015 Series B $18.96MM $32.69MM $2.91 $91.84MM Nexus Venture Partners, Riverwood Capital, Transamerica Ventures
Nov 2015 Series B-1 $2.5MM $16.23MM $2.91 $91.84MM Nexus Venture Partners, Riverwood Capital, Transamerica Ventures
Nov 2014 Series A $8.93MM $13.73MM $1.57 $36.25MM Ash Bhardwaj, Rakesh Mathur, Nexus Venture Partners
Aug 2013 Series Seed-1 $3.08MM $4.8MM $1.23 $20.53MM Nexus Venture Partners
Jan 2013 Series Seed $1.72MM $1.72MM $0.52 $5.75MM Nexus Venture Partners

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