Operand has closed a $30 million round led by Khosla Ventures at a $220 million valuation, CEO Ram Gorthi said in a LinkedIn post reposted by the investor. Keith Rabois is joining the board as Operand develops AI research for private-market investors.
The San Francisco company helps private-equity firms research potential investments. According to Axios Pro, it uses AI to analyze larger volumes of information and draw on data beyond conventional research sources.
Felicis, a seed investor, describes Operand as an AI consultant for retailers. Gorthi said the latest financing would accelerate its work with capital allocators before and after investments.