# Fermi

**Source:** https://www.startuphub.ai/startups/fermi
**Profile type:** Startup

> Fermi is a startup developing a novel approach to AI model training and deployment.

## About

Fermi provides an AI-powered grading solution for educators that reads handwritten math assignments and worksheets. It grades against custom rubrics, awards partial credit, and provides feedback, saving teachers time and offering insights into student understanding. The service is FERPA-aligned and designed for use in schools.

## Key facts

- **Slug:** fermi
- **Website:** https://fermi.ai/
- **Location:** San Francisco, United States
- **Founded:** 2022-01-01
- **Employees:** 20
- **Operating status:** Active
- **Total funding:** $34M
- **Sectors / tags:** AI Infrastructure, Foundation Model, MLOps, Developer Tools, API Platform, Generative AI, Transformer Architecture
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/fermiai
  - Twitter: https://x.com/fermi_ai

## Frequently asked

### What does Fermi do?

Fermi provides an AI-powered grading solution for educators that reads handwritten math assignments and worksheets. It grades against custom rubrics, awards partial credit, and provides feedback, saving teachers time and offering insights into student understanding. The service is FERPA-aligned and designed for use in schools.

### What is Fermi's revenue?

StartupHub estimates Fermi's annual revenue at $5.3M (range $2.9M to $18.1M, 63% confidence), based on comparable companies in the sector.

### What is Fermi's valuation?

StartupHub estimates Fermi's effective valuation at $134.6M (range $83.8M to $201.0M, 11% confidence), based on comparable companies in the sector.

### How much funding has Fermi raised?

Fermi has raised a total of $34M in funding. The most recent round on record is Series A.

### Where is Fermi headquartered?

Fermi is headquartered in San Francisco, United States.

### When was Fermi founded?

Fermi was founded in 2022.

### What industry does Fermi operate in?

Fermi operates in AI Infrastructure, Foundation Model, MLOps, Developer Tools, API Platform, Generative AI.

### How many employees does Fermi have?

Fermi has approximately 20 people on record.

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