AI-driven tool company Contextual AI recently announced the completion of its Series A funding round, raising a total of $80 million. The Mountain View-based firm is dedicated to developing tools aimed at optimizing the performance of artificial intelligence models. Although the exact post-funding valuation has not been disclosed, data provider PitchBook estimates it to be around $609 million. This round was led by venture capital firm Greycroft, with Bain Capital Ventures and Lightspeed also participating. Notably, Lightspeed had previously invested $20 million in Contextual AI to support its launch in 2023. The new funding will enable Contextual AI to further expand its market presence and strengthen its position as a leader in AI model enhancement.