Halluminate Secures $30 Million In Series A Funding Led By Oak HC/FT

Halluminate, a San Francisco-based AI startup building training environments for financial work, has raised $30 million in a Series A led by Oak HC/FT, bringing its total funding to $38.5 million. Founded in 2024, the nine-person company benchmarks AI models on complex financial tasks and builds simulated environments to address their shortcomings; CEO Jerry Wu said four of the five top closed-source U.S. AI labs are paying customers, while existing investors Y Combinator, Orange Collective and Heavybit also participated alongside individual researchers from Anthropic, OpenAI and Meta.

FOUNDERS: Jerry Wu & Wyatt Marshall

INVESTORS: Oak HC/FT, Y Combinator, Orange Collective, Heavybit, individual researchers from Anthropic, OpenAI & Meta

ROUND: Series A AMOUNT: $30,000,000

HQ: San Francisco, California

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