AI testing firm RagaAI closes $4.7 million funding led by Pi Ventures

RagaAI, an AI testing and safety firm founded by former Ola Electric and NVIDIA executive Gaurav Agarwal, on Tuesday announced its first institutional funding of $4.7 million after coming out of stealth mode.

The funding round was led by AI and machine learning-focused investor Pi Ventures, with participation from Anorak Ventures, TenOneTen Ventures, Arka Ventures, Mana Ventures and Exfinity Venture Partners. The firm did not disclose the valuation at which the funding happened.

RagaAI uses a foundational model called RagaAI DNA to test for problems related to database, data model or other issues in a variety of AI products and services, Agarwal told ET in an interaction. The firm uses over 300 different types of tests to diagnose such issues across various AI applications like large language models (LLMs), computer vision, structured data, and audio and speech models, he added.