ModelOp Raises $10M in Series B Funding to Enhance AI Governance Software
ModelOp is a leader in AI Governance software, dedicated to helping enterprises navigate the complexities of AI deployment and scaling.
Company Name: ModelOp
Location: Chicago, IL
Sector: AI Governance
Funding Details: Raised $10 million in Series B funding led by Baird Capital with participation from existing investors.
Purpose of Investment: To accelerate product innovation and deepen enterprise expertise.
Product and Innovation: Led by CEO Pete Foley, ModelOp offers AI Governance software that enables enterprises to safeguard all AI initiatives—ranging from generative AI and large language models (LLMs) to in-house, third-party, and embedded systems—without stifling innovation. The platform automates governance processes and integrates seamlessly into existing workflows, allowing enterprises to quickly address critical governance and scaling challenges. This approach ensures that AI systems are both effective and responsible, helping organizations protect and enhance the transformational value of their AI investments.
About the Company: ModelOp is a leader in AI Governance software, dedicated to helping enterprises navigate the complexities of AI deployment and scaling. By focusing on governance, the company ensures that AI initiatives are not only innovative but also aligned with regulatory and ethical standards, driving sustainable value across the organization.
