MOUNTAIN VIEW, Calif., June 25, 2026 — AI model lab Scaled Cognition announced it has raised $100 million in a Series A funding round led by Khosla Ventures. The company is focused on solving reliability — hallucinations that limit AI use in critical enterprise workflows.
Scaled Cognition is already in production with Fortune 500 enterprises across financial services, healthcare, telecom, and insurance.
Co-founded by CTO Dan Klein (UC Berkeley professor of AI) and CEO Dan Roth, who together previously built and sold one of the first agentic AI companies to Microsoft. Funding will expand the research team and accelerate enterprise deployments.
Flagship model APT (Agentic Pretrained Transformer) delivers human-like conversational fluency while eliminating hallucinations — powering AI agents that follow policy and take action when stakes are real: bank balances, medical records, flight changes, insurance claims.
Platform includes the model, agentic tooling, simulation and evaluation frameworks, and live agent monitoring.