Albatross, a Baar, Switzerland-based AI company that empowers businesses to deliver real-time user experiences with an AI-driven personalization, raised €3M in funding.
The round was led by redalpine, with participation from Daphni.
The company intends to use the funds to expand operations and its development efforts.
Founded by Dr. Kevin Kahn, Dr. Matteo Ruffini, and Johan Boissard, Albatross provides AI-driven solutions that generate engaging user journeys that evolve in real-time with each user interaction. It overcomes the limitations of traditional A/B testing and static personalization models, offering fully automated, real-time optimization powered by deep learning, multi-armed bandits (MABs), and reinforcement learning. This allows businesses to generate, orchestrate, and present engaging experiences that resonate with each user, recapturing otherwise lost revenue.
The company also has an office in Boston.
FinSMEs
16/10/2024