ValidMind, an AI and model risk management platform for financial services based in Palo Alto, CA, raised $8.1M in Seed funding. The round was led by Point72 Ventures with participation from Third Prime, New York Life Ventures, AI Fund, Notion Capital, FJ Labs, Angel Invest, and Gaingels.

This Seed funding will enable ValidMind to enhance its AI-powered platform and expand its offerings for model risk management solutions tailored to the financial services industry. The funds will also support the company's growth initiatives and product development roadmap.