The round was led by March Capital including participation from AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, and Thrive Capital. Essential AI previously raised an $8.3 million seed funding round led by Thrive Capital, with participation from investors Amjad Masad, Brad Gerstner, Conviction, Elad Gil, Francis D'Souza, David H. Patraeus, Gustavo Sapoznik, Jamie Montgomery, and Mei Zuo for a total of nearly $65 million in funding to date.

Essential AI's mission is to deepen the partnership between humans and computers, unlocking collaborative capabilities that far exceed what could be achieved by humans alone. To reinvent how enterprises work, Essential AI is developing full-stack AI products that quickly learn to increase productivity by automating time-consuming and monotonous workflows. With human feedback and technical breakthroughs, Essential AI's LLMs will empower users to solve progressively harder tasks and unlock critical skills, scaling the impact of organizations on society.