Funding

Lleverage funding news – Amsterdam-based Lleverage Secures €2 Million in Pre-Seed Funding

Jul 10, 2024 | By Startup Rise EU

Lleverage, an Amsterdam-based AI startup aiming to transform the way developers and product teams build and integrate AI features into their software, announced its emergence from stealth with €2 million in pre-seed funding.

Lleverage, an Amsterdam-based AI startup aiming to transform the way developers and product teams build and integrate AI features into their software, announced its emergence from stealth with €2 million in pre-seed funding.

SUMMARY

  • Lleverage, an Amsterdam-based AI startup aiming to transform the way developers and product teams build and integrate AI features into their software, announced its emergence from stealth with €2 million in pre-seed funding.
  • Lleverage is a low-code platform provider that enables product and development teams to create, test, and implement AI features.

This round includes notable advisors such as Bob van Luijt (Founder of Weaviate), Chris Moojen (Executive at Atlassian), and Martijn Niessen (CEO of Infinite Group).

Founded by a team of successful Dutch entrepreneurs - Lennard Kooy (ex-CEO of Storyteq), Badr Eddial (ex-CTO of Storyteq), Tom van Wees (ex-CCO of Ginger), and Tim Beyer (ex-COO of Sana Commerce) - alongside expert machine learning engineers, Lleverage aims to make AI accessible to all software engineers, enabling them to build AI features without deep AI expertise.

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Bob van Luijt, Founder and CEO of Weaviate said, “Having witnessed firsthand the challenges companies face in integrating AI into their products, I am incredibly impressed by Lleverage's innovative approach. Their platform effectively bridges the gap in AI knowledge, enabling businesses to easily build and deploy AI features. The team's extensive experience, execution, and clear vision have convinced me that Lleverage is the right solution for the market's needs, and I am excited to support them on this journey,”.

Lennard Kooy, Co-founder of Lleverage, added, “In our previous ventures, we experienced the difficulties developers faced in building meaningful AI features and deploying them due to a lack of AI knowledge and resources. Lleverage aims to equip every company with the tools to leverage AI effectively.”

It tackles critical challenges in AI development, such as the lack of AI knowledge and expertise, the complexity of building with large language models (LLMs) due to their non-deterministic nature, and the hesitation to deploy AI into production. Its low-code AI development and observability platform simplifies the creation, testing, and deployment of AI features.

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The platform includes tools for building and testing prompts with various models, creating AI pipelines and workflows visually or through code, and monitoring and optimising performance.

About Lleverage

Lleverage is a low-code platform provider that enables product and development teams to create, test, and implement AI features. The company's goal is to enable all engineers to be AI engineers.

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