AimHub closes a pre-seed round led by SmartGateVC and gets into Berkeley SkyDeck
We are thrilled to welcome AimHub, a version control and collaboration hub for AI teams, to the SmartGateVC portfolio as the lead investor in their pre-seed round.
AimHub provides a machine learning platform that allows engineers and data scientists to track, compare, monitor, and optimize their ML models. It provides a repository where AI teams can store experiments, their full history - reproducible and accompanied with a rich set of analytics to help accelerate the development process.
Despite the fact that AI has a lot of potential, many companies are not using it because the development process is too complicated for everyone except few highly trained engineers. AimHub aims to disrupt this $30B+ industry by saving up to 40% of the time for AI engineers and unlocking the benefits of AI across numerous industries.
“AimHub helps Krisp Researchers to effectively find the performance bottlenecks in ML networks training using the advanced performance monitoring insights available on AimHub platform. Now we are able to find and solve those issues order of magnitude faster than we used to,” says Arto Minasyan, the co-founder and CTO of Krisp.
“In the beginning when Gevorg told me about the AimHub, I thought that this project is like a ”Vitamin”; it is nice to have, but we don’t need to have it. Things changed drastically when we started using the AimHub at SmartClick. We found out that the product is a real "Painkiller". It constantly helps us take a more critical look at our AI-based projects. As of now, it has a significant impact on our productivity and helps us with our efficiency. It’s a great feeling to find a quality product developed by AI engineers for AI Engineers. I’m glad that we decided to work with AimHub”, says Rem Darbinyan, the Founder and CEO of SmartClickAI.
"At AimHub we are building the Version Control and Collaboration Platform for the next generation of software - the software 2.0 - written by AI engineers and trained by the machines. AI teams at all levels need an effective collaboration tool. We are building AimHub to help dramatically accelerate AI development and adoption. SmartGateVC has been the first to sign a cheque for AimHub - they are true visionaries and a great partner that has helped us a lot to make significant progress within a few months with such a small team." says Gevorg Soghomonian, the Co-founder and CEO of AimHub.
“As AI is eating the world, AimHub is a building backbone technology that will be used by any modern software company,” says Vazgen Hakobjanyan, Partner at SmartGateVC.
“It’s great fun to work with Gevorg and Gor. They build something that our other portfolio companies already use. It's one of the most productive and fast learning teams I’ve ever worked with. They’re very passionate about their product and the idea to delight their customers.” says Hambardzum Kaghketsyan, Partner at SmartGateVC.
“I enjoyed all the iterations of discussing the AimHub idea with Gevorg since 2017. I am very excited that this eventually ended up with Gevorg leaving his full time job at PressReader in Ireland and together with Gor Arakelyan they launched this venture. I feel honored to be a modest part of their amazing story,” says Ashot Arzumanyan, Partner at SmartGateVC.
Beside SmartGateVC, a pool of angel investors with deep domain expertise and background in AI joined the round. AimHub also got backed by Berkeley Skydeck which opens up for the company the huge R&D, network and talent resources of Berkeley University. AimHub is the 5th company in the SmartGateVC portfolio that gets investment from Skydeck.
AimHub is looking for Full Stack Software Engineer, hence experienced professionals with a passion to work in an advanced global team of engineers and researchers across Yerevan and Berkeley are welcome to join the winning team. It’s a great chance to build Software 2.0 tools to dramatically ease the machine learning software development process and to tap into solving unique challenges in industries such as healthcare, self-driving cars, and others.
SmartGateVC is a Silicon Valley pre-seed venture capital fund backed by Tim Draper and seasoned tech entrepreneurs and professionals. Our key focus areas are Artificial Intelligence (AI), Security, Internet of Things (IoT) and emerging Computational Biotech, Quantum Computing and Blockchain across California, Massachusetts, NYC, Armenia, and wider Eastern Europe.