Unstructured’s co-founders say they got started in July 2022 to build an open source toolkit for preparing natural language data for machine learning and LLM workflows. The company later repositioned that effort toward the emerging LLM stack.
How Unstructured Open Source Was Built | Origin Story VerifiedUnstructured released the initial version of its open source library in September 2022. The company describes this launch as the starting point for its data-preprocessing toolkit for LLM-era document workflows.
How Unstructured Open Source Was Built | Origin Story VerifiedUnstructured announced $25 million in combined Series A and previously undisclosed seed funding. Madrona led the Series A, while Bain Capital Ventures led the seed round; additional investors included M12 Ventures, Mango Capital, MongoDB Ventures, and Shield Capital.
Unstructured, which offers tools to prep enterprise data for LLMs, raises $25M Verified$40M Series B announced Mar 2024.
VerifiedUnstructured announced a $40 million Series B round. The round was led by Menlo Ventures with participation from Databricks Ventures, IBM Ventures, and NVIDIA.
Unstructured Raises $40M Series B From Menlo Ventures, Databricks Ventures, IBM Ventures and NVIDIA to Make Enterprise Data LLM-ready Verified