Palo Alto, Calif.-based Contextual AI, a company creating large language models (LLMs) for enterprises, has raised $20 million in funding. The investment was led by Bain Capital Ventures (BCV), with participation from Lightspeed, Greycroft, and SV Angel.

Angel investors participating in Contextual AI’s fundraising include Elad Gil, Lip-Bu Tan, Sarah Guo, Amjad Masad, Harry Stebbings, Fraser Kelton, Sarah Niyogi and Nathan Benaich.

Find the blog post from Contextual AI announcing the funding here.

[Image courtesy: Contextual AI]