Funds for AI Implementation and Measurement Firm Gruve

California-based Gruve.ai has secured $20m in Series A funds, adding to a previously unannounced $17.5m seed round. The firm helps clients with AI strategy, implementation and business impact measurement, linking its fees to the last of these.

The firm, whose platform promises a comprehensive suite of tools to unlock 'the full potential of business data', will use the funding to scale go-to-market operations, grow its team, and expand its suite of AI services. Gruve says that despite high spending on AI, most companies' efforts 'stall in the gap between experimentation and impact', explaining: 'CIOs are left with disconnected pilots, tool overload, and teams that lack the operational muscle to scale AI across the business.' The company claims to close this 'execution gap'.

CEO Tarun Raisoni comments: 'We're not theorizing about AI - we're operationalizing it and embedding it directly with teams to drive accurate, measurable results. Enterprises don't need more strategy - they need execution.' Gruve charges only for outcomes delivered, not by the hour or installation project. The firm's five-step framework consists of an AI Strategy Workshop; preparation of enterprise data sources to support AI applications effectively; design of a scalable infrastructure for business-wide deployment; model development and customization; and ensuring security, compliance and governance.

The Series A was led by Mayfield, with participation from Cisco Investments and other investors.
Gruve is online at www.gruve.ai .