Fundraising Fox

Essential AI Labs

San Francisco, US · Founded 2023 · Delaware corporation

Founders & leadership

Essential AI Labs was founded in 2023 by Niki Parmar and Ashish Vaswani.

NP
Niki ParmarCo-founder
AVAshish Vaswani
Ashish VaswaniinCo-founderCEO at Essential
JM
James MontgomeryNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$36.5M disclosed across 1 round · 2023

$36.5MraisedNov 2023 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James MontgomeryDirector
  • Niki ParmarExecutive Officer, Director
  • Ashish VaswaniExecutive Officer, Director
Offering amount
$51.5M
Amount sold
$36.5M
First sale
Oct 2023
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

Who founded Essential AI Labs?
Essential AI Labs was founded by Niki Parmar, Ashish Vaswani in 2023.
How much funding has Essential AI Labs raised?
Essential AI Labs has disclosed $36.5M raised across 1 round.
Where is Essential AI Labs headquartered?
Essential AI Labs is headquartered in San Francisco, US.