# ModelOp

> ModelOp is a Chicago-based enterprise software company that builds AI governance and lifecycle automation software. Its flagship platform, ModelOp Center, acts as a centralized system of record and 'control tower' for all of an organization's AI - traditional machine learning, generative AI, agentic AI, and third-party tools - letting enterprises inventory every model, automate approvals and testing, enforce policy, monitor production systems for drift and risk, and produce audit-ready documentation. The company sells primarily to large, regulated enterprises such as financial services, healthcare, and government, and counts Fortune 500 names among its customers.

- **Founded:** 2016
- **Headquarters:** Chicago, Illinois, United States
- **Founders:** Pete Foley (Co-Founder & former CEO (now stepped back from day-to-day operations)), Stuart Bailey (Co-Founder & CTO), Robert Grossman (Co-Founder & Chief Data Scientist)
- **Team size:** Approximately 44 employees
- **Products:** ModelOp Center, AI Lifecycle Automation, Integrations Fabric, Agentic AI Governance
- **Notable:** Helped define and popularize the 'ModelOps' category for operationalizing and governing the AI model lifecycle, Raised a $10M Series B in August 2024 led by Baird Capital ($16M total funding), Counts Fortune 500 enterprises including Fidelity, FINRA, and Bristol Myers Squibb as customers

## Products & services

- **ModelOp Center** — The flagship enterprise AI governance and lifecycle automation platform - positioned as 'the control tower for all enterprise AI.' Provides an AI system of record (centralized inventory of all AI use cases and models), automated intake and risk-tiering, approval workflow orchestration, automated bias/drift/performance testing, continuous production monitoring, cost and ROI tracking, and audit-ready documentation and model cards.
- **AI Lifecycle Automation** — Standardizes and automates the end-to-end model lifecycle from registration through deployment and decommissioning, reducing manual governance work across data science, IT, risk, and compliance teams.
- **Integrations Fabric** — 50+ out-of-the-box integrations connecting ModelOp Center to cloud platforms (AWS, Azure, GCP), MLOps tools (MLflow), data platforms (Databricks, Snowflake), ITSM/ticketing (ServiceNow, Jira), BI (PowerBI, Tableau), GRC systems, and LLM vendors (OpenAI).
- **Agentic AI Governance** — Newer capabilities extending governance, risk management, and controls to autonomous and agentic AI systems.

## Achievements

- Helped define and popularize the 'ModelOps' category for operationalizing and governing the AI model lifecycle
- Raised a $10M Series B in August 2024 led by Baird Capital ($16M total funding)
- Counts Fortune 500 enterprises including Fidelity, FINRA, and Bristol Myers Squibb as customers
- Joined the exclusive AWS Global Startup Program and launched on AWS Marketplace
- Built 50+ out-of-the-box integrations into the enterprise AI and IT stack
- Customers report roughly 2x faster AI deployment speed using the platform
- Extended governance to generative AI and agentic AI as those categories emerged

## Latest updates

- **2026-02** — Dave Trier, previously SVP of Product, appointed CEO; co-founder Pete Foley steps back from day-to-day operations (per reported news).
- **2025** — Added agentic AI governance capabilities to ModelOp Center and published a 2026 AI governance benchmark report.
- **2024-08** — Raised $10M Series B led by Baird Capital to accelerate growth of its AI governance software.
- **2024** — Joined the AWS Global Startup Program and launched simplified procurement on AWS Marketplace.

## Links

- Website: https://modelop.com
- LinkedIn: http://www.linkedin.com/company/modelop
- Twitter/X: https://twitter.com/ModelOp_Co
- Facebook: https://facebook.com/modelop-101325441339339

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Profile page: https://yespress.io/modelop
Published by YesPress — https://yespress.io
Last updated: 2026-06-13
