Founded in 2019, AI Squared aims to help companies integrate AI functionality into their applications, reducing integration times from eight months to eight hours. The company's platform allows businesses to build connections between data sources and applications, provide actionable insights to their teams, and create feedback loops between consumers and developers to enhance data quality. The recent investment brings the company's total equity capital to $19.8 million.
Key takeaways:
- AI integration platform AI Squared has raised $13.8 million in Series A funding.
- The funding round included participation from ANSA Capital, NEA, and Roger W. Ferguson Jr., former Vice Chair of the Federal Reserve System and CEO of TIAA.
- AI Squared's technology allows for the integration of AI and machine learning into any web-based application, reducing integration times significantly.
- The company's founder and CEO, Benjamin Harvey, emphasizes the importance of real-time feedback mechanisms in improving the performance and accuracy of AI models.