Boston AI tech startup hOS secures $12.8m seed round to accelerate growth
hOS, an AI technology startup started by DataRobot Founder Jeremy Achin, announced the close of a $12.8 million seed round led by NEA, with additional participation from B5 Capital, Cortical Ventures, IA Ventures and Sequoia.
Natalie Hogan, COO, hOS: "While we're still operating in stealth-mode, we're excited to announce this funding round as an affirmation that we're working on something both innovative and extensive that our investors see as an immense opportunity. We're building a world-class team at hOS, and our financial support includes some of the earliest investors and advisors at DataRobot, who were eager to, once again, put their trust in the commitment and capabilities of our team."
The company's funding round will support continued investment in product development, hiring and rapid scale. hOS is one of several new ventures founded by Achin in the past year aimed at solving important real-world problems using AI. The company was founded in early 2021 after Achin's nine years as CEO of Boston-based DataRobot, which was most recently valued at over $6 billion. Achin, who is actively leading hOS as CEO, is joined on the founding team by several other DataRobot alumni including former Chief of Staff and Chief Administrative Officer Natalie Hogan, who is now serving as hOS's Chief Operating Officer.
Tony Florence, Managing General Partner, Technology at NEA: "The hOS team has an inspired vision and the technical talent needed for execution. Having partnered with Jeremy and other founding team members during their tenure at DataRobot, we've seen firsthand their dedication and creative application of complex technology. We are excited to partner with hOS to bring a fresh, scalable and new offering that harnesses AI and ML to address a timely global need."