Distyl: AI-Based Automation Company Raises $20 Million (Series A)

By Amit Chowdhry • Nov 20, 2024

Distyl announced it has raised $20 million in Series A funding to drive its growth and to meet the accelerating demand from its Fortune 100 customers. This funding round adds Lightspeed Venture Partners, who led the round, and Khosla Ventures. And existing investors Coatue, Dell Technologies Capital, and Nat Friedman also joined, along with strategic and angel investors.

This funding round will accelerate Distyl’s efforts to build the AI-based engineering and research team to meet increasing customer demand.

Large enterprises have a mandate for adopting AI to accelerate their business, but many are struggling to make it past experimentation. And their systems are complex and require bespoke solutions with high-reliability needs. These organizations engage large consulting firms that have only recently added AI to capabilities, resulting in failed pilots and costly, slow rollouts.

Distyl combines AI-native software with a premier engineering and research team that customizes AI building blocks for rapid implementation and results at enterprise scale.

And the company is trusted to deliver transformative outcomes by Fortune 100 leaders across healthcare, telecommunications, CPG, retail, and manufacturing industries. One Fortune 500 company had estimated a 47% increase in resolution time around daily tasks after partnering with Distyl to deploy AI in their supply chain.

Distyl’s success is based on a sophisticated engineering and research team from leading software and solutions innovators like Palantir and Apple, and leading research laboratories. And unlike traditional SaaS models, Distyl builds solutions tailored to the unique reliability, workflow and data considerations of the most complex organizations all while using their proven software accelerants Distillery to drive value against the most exigent needs.

The team’s R&D efforts focus on developing technologies that enable AI systems and agents to transform organizational knowledge into AI-native processes, automating business tasks with high reliability. And this shifts the human role from routine tasks to decision-making and providing feedback, leading to 10x faster decisions and increased capacity.

KEY QUOTES:

“Distyl enables enterprises to seamlessly integrate OpenAI technologies so that they can maximize the impact of their AI investment. We’re excited to deepen our partnership as enterprises continue to lean into AI use cases.”

– Brad Lightcap, COO of OpenAI

“We built Distyl to solve a critical business problem — helping enterprises adopt AI and gain a true competitive edge in speed and efficiency, without sacrificing reliability or quality. Our goal is to help our customers deeply change how their businesses operate, not settle for minor productivity enhancements or experiments. Our unique combination of research leadership, precision-engineering and our reusable AI software base is designed to drive business results that used to take years in as little as six weeks.”

– Arjun Prakash, co-founder and CEO of Distyl

“While traditional consulting firms and integrators often struggle to move beyond proof of concepts, Distyl stands out by successfully scaling and productionizing generative AI in the world’s largest and most complex enterprises. When you talk to Distyl’s customers, it’s clear their tech and approach are driving real innovation. They are becoming an essential partner for any large company aiming to stay competitive in this AI-driven market.”

– Raviraj Jain, Partner at Lightspeed