Upword, a Santa Monica, CA-based emerging knowledge management solutions provider, raised $3M in Pre-Seed funding.
Backers included Telefonica (Wayra X), Go Ahead Ventures, and Goodwater Capital.
The company intends to use the funds for further development of the new product as well as expansion into additional markets.
Led by CEO and Founder Roee Barak, Upword provides AI-powered research and knowledge management solutions that enhance productivity and efficiency while maintaining traditional research methods. Leveraging Generative AI, it offers a support to help organize knowledge more efficiently. The company operates through an interface designed specifically for research management, including:
- AI managed content library: Leveraging advanced auto-tagging and vectorizing technologies, the library automatically organizes and classifies the user’s research documents.
- AI co-pilot: Leveraging multiple leading large language models (LLMs) like Open AI, Anthropic, and Gemini, the co-pilot enhances professional content, providing suggestions and support that adapt to the user’s specific needs.
- User-centric research experience: Upword is designed to put the user at the center of the research process and ensures an intuitive step-by-step experience.
- Upword fetch: This feature harnesses AI search engines and content recommendation engines to suggest materials from the web and the user’s library that could be used for each project based on the user’s project description.
Commenting on the news, Roee Barak said: “The rigorous, step-by-step methodology that defines research has made AI chatbots overwhelming and often inconvenient. While studying in law school, my vision was to build productivity tools that kept me in control, accommodating the need for nuance and rigor in scholarly work while providing the benefits of generative AI. Upword was the result. Now, students, academics, and professionals across many industries have access to a tool that delivers on the promise of GenAI.”
FinSMEs
25/06/2024