The company recently raised $10 million in a Series A funding round, bringing its total raised to $17 million. The funds will be used to scale up Pienso’s sales, marketing and customer success teams, recruit engineering talent, and build new features for the platform. Pienso's business model, which charges a yearly license based on the number of AI models deployed, has attracted investors and customers, including Sky, the U.K. broadcaster, and an unnamed U.S. government agency.
Key takeaways:
- About half of companies with at least one AI project in production are still at the pilot or proof-of-concept stages, according to a 2023 S&P Global survey.
- Pienso, founded by Birago Jones and Karthik Dinakar, is a platform that allows users to build and deploy AI models without having to write code.
- Pienso's platform can be used by non-technical talent and guides users through the process of annotating or labeling training data for AI models.
- Pienso recently raised $10 million in a Series A funding round and plans to use the funds to scale up its sales, marketing and customer success teams, recruit engineering talent and build new features for the platform.