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Credo AI

Credo AI

Credo AI is a Palo Alto, California-based company developing a governance platform for artificial intelligence, helping AI companies ensure systems and models are aligned with ethical, regulatory, and business requirements.

OverviewStructured DataIssuesContributors

Contents

credo.ai
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Analytics
Analytics
Generative AI
Generative AI
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Software as a service (SaaS)
Software as a service (SaaS)
Location
Palo Alto, California
Palo Alto, California
0
B2X
B2B
B2B
0
CEO
Navrina Singh
Navrina Singh
0
Founder
Eli Chen
Eli Chen
0
Navrina Singh
Navrina Singh
0
Pitchbook URL
pitchbook.com/profiles...459035-74
Number of Employees (Ranges)
11 – 500
Email Address
info@credo.ai
Full Address
195 Page Mill Rd, Palo Alto, California 94306, US0
Investors
AI Fund
AI Fund
Village Global
Village Global
Decibel Ventures
Decibel Ventures
Founded Date
2020
0
Total Funding Amount (USD)
18,300,000
Latest Funding Round Date
May 17, 2022
Competitors
‌
Saidot
0
Fairly AI
Fairly AI
0
Holistic AI
Holistic AI
0
anch.AI
anch.AI
0
Armilla AI
Armilla AI
0
Superwise.ai
Superwise.ai
0
Truera, Inc.
Truera, Inc.
0
Datatron
Datatron
0
...
Business Model
Subscription (with freemium option)0
CTO
Eli Chen
Eli Chen
0
Key People
Navrina Singh
Navrina Singh
Eli Chen
Eli Chen
Latest Funding Type
Series A
Series A
Technologies Used
Gmail
Gmail
Amazon Web Services (AWS)
Amazon Web Services (AWS)
JavaScript
JavaScript
HubSpot
HubSpot
‌
CDNJS
Country
United States
United States

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
12,800,000
Overview

Credo AI is a developer of an artificial intelligence (AI) platform for the governance of AI systems and models. The company's platform provides continuance and comprehensive AI governance to measure, monitor, and manage AI-introduced risks. These are intended to ensure AI systems and machine learning (ML) models are aligned with ethical, regulatory, and business requirements. Further, the platform evaluates data, decisions, and deployments of AI models to create an audit trail with a complete record of the development process and the intent behind the deployment of an AI model. Credo AI allows organizations to meet growing regulatory compliance based on emerging standards, such as the EU AI Act, NIST, and ISO.

AI Governance Platform

Credo AI's AI Governance Platform is designed to help organizations ensure responsible development and use throughout an AI value chain and is intended to make it easy for organizations to assess their AI systems for risks related to fairness, performance, transparency, security, privacy, and more. The platform sets out to produce standardized transparency artifacts, such as reports and documentation for AI and ML governance reviews, external compliance requirements, and independent audits or specialized customer requests. The AI Governance Platform is developed to offer solutions for the compliance and governance of AI across different systems and industries.

Solutions

Use case
Description

Financial Services

For financial services, Cred AI supports users across various use cases, such as credit risk or fraud protection, integrating in existing model risk management tools and providing AI-specific risk intelligence to manage business risks, regulatory compliance, and customer trust.

Generative AI

For generative AI systems and models, Credo AI offers capabilities to help organizations adopt this technology while mitigating risks sand responsibility managing its use.

Government and Defense

For the public sector, Credo AI helps develop safeguards against the misuse of AI, and can assist public sector agencies and vendors to ensure AI and ML systems comply with relevant policies, standards, and regulations, to increase trust and transparency in government AI use.

Healthcare

For healthcare, Credo AI helps organizations comply with new regulatory requirements and helps organizations evaluate their AI systems for harmful biases, intended to help build trust through clear reports and disclosures.

HR Technology

For HR Technology, Credo AI's platform can help ensure legal and reputational risks of automated hiring and employment tools are ensured and properly managed, and ensure vendor solutions are aligned with business, regulatory, and values-based requirements.

AI Registry

Credo AI also offers an AI Registry, which provides users with the ability to catalog their AI systems and receive visibility into where and how they are using AI. This visibility tends to be a prerequisite to ensure that AI is developed and used responsibly according to various AI regulations.

Generative AI

Credo AI's Guardrails feature helps users govern generative AI, particularly in industries that require control in functions between business logic and business ethics to align large language models to serve organizational goals.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Credo AI launches backed by $5.5 million to help companies with 'ethical AI' | TechCrunch

Connie Loizos

https://techcrunch.com/2021/10/19/credo-ai-launches-out-of-stealth-with-5-5-million-to-help-companies-with-ethical-ai/

Web

October 19, 2021

Credo AI raises $5.5m to build ethical AI governance platform | AI Business

https://aibusiness.com/responsible-ai/credo-ai-raises-5-5m-to-build-ethical-ai-governance-platform

Web

Credo AI, GitLab, Numbers Station will put the AI in SaaS at TechCrunch Disrupt 2023 | TechCrunch

Lauren Simonds

https://techcrunch.com/2023/08/03/credo-ai-gitlab-numbers-station-will-put-the-ai-in-saas-at-techcrunch-disrupt-2023/

Web

August 3, 2023

Navrina Singh Founded Credo AI To Align AI With Human Values

Bruce Rogers

https://www.forbes.com/sites/brucerogers/2022/02/09/navrina-singh-founds-credo-ai-to-align-ai-with-human-values/?sh=37a605867192

Web

February 9, 2022

References

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