Lilac
missed deal
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Lilac AI
Summary
- One-liner: Scalable tool for data scientists to search, cluster, and analyze text datasets for generative AI
- Raising: $650K pre-seed at $8M cap
- Location: Boston, MA
- Website: https://lilacml.com
Investment Thesis
1000x Opportunity?
Strong founding team (ex-Google, co-created TensorFlow.js) tackling data quality for LLMs — a real pain point. However, acquired by Databricks within months of raising, so no opportunity to see the 1000x path play out.
Kingmaker Fit?
N/A — couldn't get allocation.
Green Flags
- Elite technical founders (decade at Google, built TensorFlow.js)
- Clear product-market pull — Databricks acquired them quickly
- Solves real problem: data quality for generative AI training
Red Flags
- None identified before round closed
Key Questions
- N/A (deal closed before diligence)
Decision
Missed — Wanted in but too late to get allocation.
Outcome
- Acquired by Databricks: March 2024
- Terms: Undisclosed
Lilac AI — Contacts
Founders
| Name | Role | ||
|---|---|---|---|
| Nikhil Thorat | Co-founder | nikhil@lilacml.com | |
| Daniel Smilkov | Co-founder | daniel@lilacml.com |
Background
Both founders spent ~10 years at Google. Co-created TensorFlow.js. Nikhil was former tech lead of Google Image Search UI.
Relationship Timeline
- N/A — no direct contact established
Last Touchpoint
- Date: N/A
- Status: Missed opportunity
- Next Action: None — acquired by Databricks
Lilac AI — Notes
2024-03 — Post-Mortem
- Type: Review
- Summary: Learned about Lilac after they were acquired by Databricks in March 2024. Had raised $650K at $8M cap in pre-seed. Wanted to invest but were too late to get allocation.
- Lesson: Move faster on promising AI infra deals with elite technical founders.