Sentify, a platform focusing on extracting actionable insights from Large Language Models (LLMs), has successfully raised over $1.1 million in a Pre-Seed funding round. The founding team comprises Alex Marantelos (formerly of Confluent), George Pastakas (previously with Revolut), and Dimi Ilias (ex-Meta), all originally from Greece and with backgrounds in prominent tech firms.
The platform, currently in a private beta phase, aims to address challenges and opportunities in the Generative AI field by transforming large volumes of text data generated by LLM products into valuable intelligence. Sentify provides an interactive, real-time interface to uncover customer behaviors, user intents, action inferences, product usage patterns, and identify inefficiencies and inaccuracies in LLM products.
The funding round was oversubscribed, with Episode 1 leading the investment. Adam Shuaib, joining the board, expressed confidence in Sentify’s unique approach to LLM analytics and its potential to provide actionable data for businesses. The round was also supported by 500 Emerging Europe and a select group of top-tier angel investors.
Sentify is currently focusing on refining its platform through the private beta phase, aiming for a public launch by the end of Q1. The company has already garnered significant interest, with over 40 organizations expressing interest in using the platform, and 10 pilots successfully underway.
Adam Shuaib of Episode 1 sees Generative AI as a multi-trillion dollar industry and believes Sentify’s approach positions it as a standout solution. Enis Hulli, Partner at 500 Emerging Europe, highlighted the essential nature of a tool like Sentify in the LLM-first investment landscape.
Sentify’s CEO, Alex Marantelos, views the funding not just as a financial milestone but as a crucial step toward enabling modern businesses to fully utilize the capabilities of LLMs, innovate, and build advanced Gen AI products. The company plans to use the investment to accelerate product development, expand hiring, and enhance customer acquisition processes, aligning with its mission to help businesses harness the full potential of their LLM products. Marantelos emphasized Sentify’s commitment to continual innovation, with plans to augment platform capabilities with prescriptive and predictive analytics for quicker and deeper insights over time.