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Fortune
Fortune
Business
Wen Shao

Exclusive: Nine-person Halluminate raises $30 million, counts four top U.S. AI labs as customers

(Credit: Courtesy of Halluminate)

Halluminate, a nine-person San Francisco startup building AI training environments for financial work, has raised $30 million in a Series A led by Oak HC/FT, bringing its total funding to $38.5 million.

Halluminate benchmarks AI models on financial tasks to find where they fall short and builds simulated training environments aimed at those gaps. Founded in 2024, Halluminate is betting that the data and environments used to train AI will become increasingly specialized by industry.

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