Mage Reveals $6.3 Million Seed Round
October 20, 2021

Mage raised a $6.3 million seed round led by Gradient Ventures, Google's AI-focused venture fund, with additional participation from firms such as Neo and Designer Fund and angel investors like Unity CEO John Riccitiello, Behance founder Scott Belsky, Lenny's Newsletter author Lenny Rachitsky and James Beshara.

Mage is a low-code tool that is built for product developers, making it easy for product teams to build, train, and integrate AI into their apps, even if they've never worked with AI in the past.

Co-founders Tommy Dang and Xiaoyou Wang worked at Airbnb together where they built an internal low-code tool and collaborated with many product developers across teams. They determined that product developers know what AI is, what it can do, and how it can improve a users' experience but didn't have access to the right tools to implement their ideas.

"There are many tools available for building AI models and large companies internally create their own, but those tools are built for data scientists, AI researchers, or ML engineers. It's time for product developers to leverage the power of AI within their team or broader organization. Many developers at smaller companies have an urgency to use AI but lack the resources and tools. Just like Stripe made it easy for any developer to integrate payments into their apps, Mage makes it easy for any developer to build and integrate AI into their apps," said Tommy Dang, Co-Founder and CEO of Mage.

Mage's simple, collaborative, and intuitive design allows product developers to import and transform data from anywhere; train, enhance, and deploy models in minutes, instead of months, without relying on data scientists. While Mage's tool can serve many use-cases, the team is currently focused on optimizing customer product engagement and revenue growth. Current customers are already leveraging Mage's platform to boost customer retention, reduce app usage churn, or optimize upsell opportunities.

"When we met the founders of Mage, it was clear their experience developing the internal AI platform for Airbnb's product team would be broadly applicable to all companies. These tools are tough to build, but the team's experience serving one of the most demanding product teams in Silicon Valley will prove to be a strong competitive advantage for Mage's current and future products." said Darian Shirazi, General Partner at Gradient Ventures.

Still in beta with plans to launch in early 2022, Mage is focused on serving small to medium-sized companies. The startup is actively hiring for a variety of roles in product design and engineering and plans to use the new capital to build easy-to-use AI tools that enable product teams to train a new model or leverage an existing one without AI experience.

Share this

Industry News

April 03, 2025

StackGen has partnered with Google Cloud Platform (GCP) to bring its platform to the Google Cloud Marketplace.

April 03, 2025

Tricentis announced its spring release of new cloud capabilities for the company’s AI-powered, model-based test automation solution, Tricentis Tosca.

April 03, 2025

Lucid Software has acquired airfocus, an AI-powered product management and roadmapping platform designed to help teams prioritize and build the right products faster.

April 03, 2025

AutonomyAI announced its launch from stealth with $4 million in pre-seed funding.

April 02, 2025

Kong announced the launch of the latest version of Kong AI Gateway, which introduces new features to provide the AI security and governance guardrails needed to make GenAI and Agentic AI production-ready.

April 02, 2025

Traefik Labs announced significant enhancements to its AI Gateway platform along with new developer tools designed to streamline enterprise AI adoption and API development.

April 02, 2025

Zencoder released its next-generation AI coding and unit testing agents, designed to accelerate software development for professional engineers.

April 02, 2025

Windsurf (formerly Codeium) and Netlify announced a new technology partnership that brings seamless, one-click deployment directly into the developer's integrated development environment (IDE.)

April 02, 2025

Opsera raised $20M in Series B funding.

April 02, 2025

The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, is making significant updates to its certification offerings.

April 01, 2025

The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced the Golden Kubestronaut program, a distinguished recognition for professionals who have demonstrated the highest level of expertise in Kubernetes, cloud native technologies, and Linux administration.

April 01, 2025

Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade internal developer portal based on the Backstage project.

April 01, 2025

Platform9 announced that Private Cloud Director Community Edition is generally available.

March 31, 2025

Sonatype expanded support for software development in Rust via the Cargo registry to the entire Sonatype product suite.

March 31, 2025

CloudBolt Software announced its acquisition of StormForge, a provider of machine learning-powered Kubernetes resource optimization.