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Data analytics startup Athenic AI wants to be an enterprise's central nervous system | TechCrunch

Jan 30, 2025 - techcrunch.com
Jared Zhao, initially interested in data analytics at UC Berkeley, founded his first startup, Polyture, in 2021. However, the rapid advancements in generative AI led him to pivot and establish Athenic AI in 2022. Athenic AI focuses on using AI to perform data analytics for enterprises, integrating company-specific knowledge to enhance accuracy and usability. The platform aims to serve as a central nervous system for organizational databases, accessible to all employees regardless of their technical expertise. Athenic's AI-driven system provides explanations for its data interpretations, allowing users to identify potential errors and offer feedback, thereby improving transparency and accuracy.

Athenic AI, based in San Francisco, recently announced a $4.3 million seed round led by BMW i Ventures, with participation from TenVC, Scrum Ventures, and Stage 2 Capital. The funding will be used to expand hiring and develop new technological capabilities. The company has attracted a diverse clientele, from small startups to large enterprises like Additel and PMC, primarily through inbound interest. Samantha Huang from BMW i Ventures highlighted Athenic's unique approach of combining a knowledge graph with foundational models to tailor AI models to specific company contexts, setting it apart in the crowded data analytics market.

Key takeaways:

  • Jared Zhao founded Athenic AI in 2022 after realizing his previous startup, Polyture, was too complex for a post-ChatGPT world.
  • Athenic AI provides AI-driven data analytics for enterprises, allowing users without coding experience to interpret data with company-specific context.
  • The company recently raised a $4.3 million seed round led by BMW i Ventures to expand its team and technology capabilities.
  • Athenic AI differentiates itself by focusing on user experience and ensuring AI models understand company-specific knowledge and context.
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