COMPANY INFO
Galileo is a private software development company founded in 2021, headquartered in San Francisco, California. It has approximately 112 employees and operates in the Business/Productivity Software industry. Galileo provides an AI evaluation intelligence platform that helps teams build reliable AI applications by automating AI testing, monitoring, and improving AI accuracy and safety. The company's platform enables rapid iteration, real-time protection, and root cause analysis for AI models, helping organizations ship AI apps with confidence. The official website is https://galileo.ai.
Galileo is a prominent financial technology company founded in 2021, headquartered in Sandy, Utah, United States. Operating in the Financial Technology sector, Galileo focuses on providing innovative API-based open banking and payment solutions to banks, fintech companies, and enterprises. The company’s robust platform covers a wide range of services, including core banking, digital banking, payments, card solutions, embedded finance, cryptocurrency, data analytics, credit and lending, and risk compliance solutions. Known for accelerating digital transformation in financial services, Galileo has established itself as a trusted partner for organizations across the Americas and beyond.
Over the years, Galileo funding has enabled the company to achieve significant milestones and drive its growth strategy. Galileo has raised approximately $68.1 million across five funding rounds, including a Seed, Series A, Series B, and incubator programs. This strong capital foundation has allowed Galileo to accelerate product development, grow its team, and continuously expand its market presence. The successful completion of each Galileo funding round reflects a sound investment strategy and the confidence that Galileo investors have in the company’s vision and technology.
The Series B round secured $45 million, led by Scale Venture Partners, with the goal of scaling Galileo’s go-to-market initiatives, furthering product development, and enhancing research in AI evaluation. This investment bolsters Galileo's capability to serve the evolving needs of its enterprise customers and to advance its innovative fintech solutions.
Galileo raised $18 million in its Series A, led by Battery Ventures. The funds were utilized to expand the team and accelerate product development in response to increased market demand for Galileo’s API-driven financial technology.
The $5.1 million Seed Round provided Galileo with the resources to kickstart the development of its AI platform and build crucial initial product features. This early investment laid the foundation for the company’s rapid growth and technological advancements.
Battery Ventures is a global investment firm known for backing groundbreaking technology companies at all stages. Serving as a lead investor in Galileo's Series A, Battery Ventures played a pivotal role in fueling the company’s rapid expansion and technology development.
Scale Venture Partners is a leading venture capital firm that invests in innovative enterprise technology companies. As the lead investor in Galileo's Series B, Scale Venture Partners has been instrumental in driving the company's go-to-market strategy and product expansion.
ServiceNow Ventures is the strategic corporate investment arm of ServiceNow, focusing on high-growth enterprise software ventures. Their investment in Galileo signifies their confidence in the company's platform and potential impact in the fintech industry.
Databricks Ventures partners with visionary companies advancing AI and data innovations. Their role as a Galileo investor supports the company’s efforts to deliver cutting-edge AI-powered solutions to the financial sector.
Premji Invest, the family office of Azim Premji, is renowned for investing in transformative global companies. Their backing of Galileo demonstrates strong belief in the company’s vision and long-term growth potential.
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