Israel-based startup Deepchecks, an ML monitoring and validation platform, has raised USD 14 million in seed funding led by Alpha Wave Ventures, with participation from Hetz Ventures and Grove Ventures.

Along with the funding, Deepchecks also released an open-source version of its AI/ML monitoring solution. Its features include support for monitoring up to one model per deployment, root cause analysis, and basic user management. 

In addition to the open-source version, the company also has a commercial product, Deepchecks Hub, that it began testing earlier this year. 

Formed in 2020, Deepchecks launched its platform in 2021, which enables data scientists to perform continuous monitoring and validation of ML models, ensuring the integrity of the data used and mitigating biases, misinformation, or corrupt input data. Its customers include large multinationals such as AWS, Booking.com, and Wix. Furthermore, Deepchecks plans to increase its current workforce of 15 employees by 25%–30%.