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Sands Capital led a $12.8 funding round in Credo AI.

Synopsis

Sands Capital, a global investment company, led a $12.8 funding round in Credo AI, a company behind the world's first responsible AI governance platformwith participation from Decibel. "Credo AI is at the forefront of the Responsible AI movement with a leadership team whose primary mission is to help organizations create AI systems with the highest ethical standards. AI has the power to augment essentially every part of our lives but can cause irreparable damage to our society without proper governance. Credo AI helps enterprises on their Responsible AI governance journey by bridging the gap between their technical and business stakeholders to successfully keep AI applications compliant and aligned with industry-specific standards," Scott Frederick, Sands Capital Partner.

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