Gruve.ai Helps Enterprises Get AI Solutions Out of Testing Phase

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a day ago

Summary

Gruve.ai helps enterprises adopt AI solutions by using AI agents to handle tasks such as security breach detection. The company charges clients based on usage rather than hourly basis, providing software-like gross margins of 70% to 80%. Gruve.ai has raised a $20 million Series A round led by Mayfield, with participation from Cisco Investments and other investors.

Key Points

Gruve.ai uses AI agents to handle repetitive tasks, reducing the need for hiring a large staff of consultants
The company charges clients based on usage rather than hourly basis, providing software-like gross margins of 70% to 80%
Gruve.ai has raised a $20 million Series A round led by Mayfield, with participation from Cisco Investments and other investors

Why It Matters

Gruve.ai's innovative model and team experience can help enterprises get AI solutions out of testing phase and into real-world application, making AI more accessible and affordable for businesses.

Author

Marina Temkin

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