Distributional October 2024 Series A Funding Round

On October 9, 2024, Distributional, an innovative enterprise platform specializing in AI testing, announced a successful Series A funding round, securing $19 million. The investment round was led by Two Sigma Ventures and saw participation from notable firms including Andreessen Horowitz, Operator Collective, Oregon Venture Fund, Essence VC, and Alumni Ventures, alongside numerous angel investors. This latest funding increases Distributional's total capital raised to $30 million within less than a year since its establishment.

The capital raised will support the deployment of Distributional’s AI testing platform, aimed at enhancing reliability and reducing operational risks associated with AI applications. This platform is designed to help AI engineering and product teams proactively identify and mitigate potential risks, ensuring the safety and reliability of AI systems. Traditional software testing methods fall short when applied to AI due to the need for continuous and consistent testing over time and across substantial data sets.