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#024 Why we invested in NimbleBox.ai

Wed, 06 Apr 2022 11:34:04 GMT

Cornerstone Ventures

Excited to share more about our investment in NimbleBox.ai from Cornerstone Venture Partners Fund-I !

NimbleBox.ai is a full-stack MLOps Platform and automated workbench for AI/ML developers to significantly reduce the time-to-production, improve performance and optimize infrastructure cost.

With every software and digital workflow moving towards automation, the need for machine learning models is only ever increasing. In such a scenario, its highly imperative for ML developers to build and deploy models as quickly and efficiently as possible.

NimbleBoxTeam

Why we invested in NimbleBox.ai ?

  1. High Scalability - The plug-n-play, self-serve nature of the product makes its highly scalable and easy to deploy; truly product-led growth. Its built-in integrations with all major ML frameworks, cloud infrastructure providers and other developer tools ensures minimal onboarding and deployment effort; minimal disruption in the existing workflow of users.
  2. Large Market Opportunity with Low Competition - The AI/ML development community is growing globally and the market is estimated to be well over $100 bn. Of that, ML deployment products market is projected to account for ~$5+ bn with very few players globally. The market is large enough and growing rapidly for atleast 2-3 leaders to emerge and survive.
  3. Strong Impact - The product has a very high impact on the operations of its target users - enabling to deploy models upto 80% faster and optimize costs upto 40%, leading to high customer stickiness and pricing power.
  4. Potential for Category Leadership - A community-driven ‘developer first’ product roadmap to build this into a full-fledged automated workbench & MLOps platform can add a strong “virality factor” that could accelerate the adoption of the platform multi-fold.

We believe NimbleBox.ai is poised for hyper-scale to become an industry leader for MLOps, on lines of Git & Jira !

~ Vatsal

Learn more about: CSVP Fund | CGES Index | Enterprise SaaS

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