Composable Prompts Secures $4M in Seed Funding led by Elaia Partners & Illuminate Financial

New York, NY and Paris, France, Feb 27, 2024 — In a significant move to accelerate the nascent adoption of Large Language Models (LLMs) within the enterprise sector, Composable Prompts has announced a $4 million seed funding round led by Elaia Partners and Illuminate Financial, with participation from Motier Ventures, Kima Ventures, m-ai club, Super Capital, and selected business angels. The company unveils an enterprise platform to equip businesses deploying LLM technology, with governance, fine-grained security, collaboration and orchestration, and an innovative LLM virtualization engine.

Seamless LLM Integration Across Models and Providers

Composable Prompts introduces an innovative platform that supports an extensive selection of both open-source and proprietary models like Claude, LLama2, Mistral, GPT4, and AI21, running on various providers such as OpenAI, Google VertexAI, Amazon Bedrock, Replicate, TogetherAI, and Hugging Face. Thanks to its unique abstraction and virtualization layer, enterprises can effortlessly leverage these models and providers, optimizing for both performance and cost efficiency without the complexities of direct model and provider management.

A Catalyst for LLM Adoption in Enterprises

As businesses are actively exploring integrating LLM technologies into their processes, Composable Prompts emerges as an essential tool for businesses exploring and experimenting with AI capabilities. The platform is equipped with tools and features that promote broad adoption, offering governance, security, collaboration, and orchestration tailored to enterprise needs. This initiative is set to ensure that businesses can fully leverage LLM technology with governance and security measures in place.

LLMs offer huge promise for enterprises across a variety of use cases, especially within the financial services sector. However the lack of supporting infrastructure remains a large barrier for their wide scale adoption. Eric and the team have a deep understanding of what is required to bring business critical platforms to market. We're excited to be partners on this journey.

— Katherine Wilson, Investment Director.

Innovative Features for Enterprise Efficiency

The platform offers a sophisticated suite of features, including Interaction Designer, Prompt Library, API Service, Automated Training, and Persistence. These tools are designed to streamline the integration of LLM technology into business processes, transitioning from basic, text-based tools to a structured, domain-specific approach. This transformation marks a significant leap towards innovation and efficiency within the enterprise sector.

We're both proud and happy to back Composable Prompts which is addressing major pains: removing the friction to adopting Large Language Models, as well as reducing the cost of operation and maintenance of the exponentially growing number of applications that are leveraging LLMs. Eric has assembled a world-class team with a proven experience in delivering enterprise-grade solutions at a large scale across various verticals. We look forward to working with Composable Prompts’ stellar team to help make LLMs more pervasive while ensuring reliability, cost control and security.

— Sébastien Lefebvre, Partner

Global Vision and Leadership

Led by Eric Barroca, former CEO of Nuxeo, an emerging leader in Enterprise Content Management acquired by Hyland Software in 2021, and supported by a team with deep expertise in enterprise content management and software development, Composable Prompts is driven by a mission to democratize access to LLM technology. With operations in the US, France, and Japan, the company is well-positioned to empower enterprises around the globe to innovate and enhance their operations through AI-driven efficiencies.

About Composable Prompts

Composable Prompts helps organizations leverage LLM in their business processes and workflows. It offers an end-to-end platform to govern, secure, and orchestrate LLMs, supports a large number of execution providers (Google, OpenAI, Amazon, Replicate, Hugging Face, TogetherAI, etc.) and models (GPTx, Claude, Cohere, AI21 Labs, Titan, Llama2, Mistral, and many others), and brings a new virtualization approach to operationalize them.

For more information, visit composableprompts.com.

About Elaia Partners

Elaia is a European top-tier VC firm with a strong tech DNA. We back tech disruptors with global ambition from early stage to growth development. For the past 20 years, our commitment has been to deliver high performance with values. We are proud to have been an active partner in over 100 startups including success stories such as Criteo (Nasdaq), Orchestra Networks (acquired by Tibco), Volterra (acquired by F5), Mirakl (valued $3.5B in Series E) and Shift Technology (valued $1B+ in Series D).

Learn more elaia.com • @Elaia_Partners

About Illuminate Financial

Illuminate Financial is a thesis-driven venture capital firm investing in enterprise fintech companies building solutions for the financial services industry. With offices in London, New York, and Singapore, Illuminate's deep networks and trusted partnerships with major financial institutions for the past decade provide real insight into what the industry needs and helps their portfolio companies achieve their full potential.

Learn more illuminatefinancial.com