H2O.ai was founded in 2012 by Cliff Click and SriSatish Ambati. The company has not officially endorsed a plan to participate in an IPO.
H2O.ai is a developer of an open-source artificial intelligence and automatic machine learning platform designed for enterprises. The company has raised just over $145 million in Venture Capital funding from investors including Goldman Sachs, Aegon, Barclays, New York Life Ventures, NVIDIA GPU Ventures, Wells Fargo, WRV Capital, Capital One Ventures, Paxion Capital, Riverwood Capital, and Nexus Venture Partners. Per company press releases, H2O.ai last raised $72.5 million in August 2019 at a post-money valuation of $400 million.