What is NobleAI?
Founded in 2018 and headquartered in San Francisco, California, Noble.AI develops software solutions designed to enable leading research and development organizations to create breakthrough products more efficiently and cost-effectively. The company's platform aims to streamline the R&D process, reducing the time and expense associated with bringing innovative products to market. Noble.AI's strategic positioning in the enterprise software sector, particularly for R&D-intensive industries, highlights its potential for significant impact.
How much funding has NobleAI raised?
NobleAI has raised a total of $27M across 2 funding rounds:
Series A
$17M
Series A
$10M
Series A (2023): $17M with participation from Chevron, Alumni Ventures, and Microsoft
Series A (2024): $10M led by Dorilton Capital and Sway Ventures
Key Investors in NobleAI
Dorilton Capital
Dorilton Capital Advisors is a family equity office that provides long term, patient capital to lower middle market companies across a variety of industries. As a partner, Dorilton works with entrepreneurs on growth while preserving the legacy and culture of their companies.
Sway Ventures
Sway Ventures is a venture capital firm that invests in transformative innovations, supporting industry-disrupting founders from inception to exit. The firm focuses on four foundational industries: Finance, Real Estate, Retail, and Supply Chain.
Chevron
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream.
What's next for NobleAI?
With its recent major strategic investment, Noble.AI is poised for a new phase of growth and development. The substantial backing suggests a strong market validation and provides the company with the necessary capital to scale its operations, enhance its product offerings, and potentially expand into new markets. This financing round is indicative of Noble.AI's trajectory towards becoming a key player in the R&D software solutions landscape, enabling further innovation across various industries.
See full NobleAI company page