DatologyAI has managed to secure $11.65 million in seed funding, led by Amplify Partners, with participation from Radical Ventures, Conviction Capital, Outset Capital, and Quiet Capital. The startup also attracted investments from tech and AI heavyweights including Google chief scientist Jeff Dean, Meta chief AI scientist Yann LeCun, and Quora founder and OpenAI board member Adam D’Angelo. The San Francisco-based company currently has ten employees, including the co-founders, and plans to expand to around 25 staffers by the end of the year.
Key takeaways:
- Ari Morcos, a veteran in the AI industry, has founded a startup called DatologyAI that aims to simplify the data preparation processes involved in AI model training.
- DatologyAI builds tools to automatically curate data sets used to train AI models, identifying the most important data depending on a model’s application and suggesting ways the data set can be augmented and batched.
- The startup can handle 'petabytes' of data in any format and deploys to a customer’s infrastructure, setting it apart from other data prep and curation tools which are more limited in the scope and types of data they can process.
- DatologyAI recently raised $11.65 million in a seed round from investors including Google chief scientist Jeff Dean, Meta chief AI scientist Yann LeCun, and Quora founder and OpenAI board member Adam D’Angelo.