Elementary, a Los Angeles, CA-based startup that has built an AI machine vision platform for quality and inspection in manufacturing, closed $30M Series B funding round.
The round was led by Tiger Global with participation from Threshold Ventures, Fika Ventures, Fathom Capital, Riot VC, and Toyota Ventures.
The company intends to use the funds to scale its solution worldwide with existing and new customers and continue to recruit talent.
Led by Arye Barnehama, Founder and CEO, Elementary leverages visual AI to provide a full stack solution that captures data and generates insights to improve manufacturing processes and ship products to their customers worldwide.
Its no code approach allows customers to create inspection routines and train models by labeling data through a user-friendly interface rather than requiring expensive programming and integration.
The company has offices in Mexico City, Austin, and the East Coast.
FinSMEs
20/12/2021