Synthetaic, a Delafield, WI-based provider of with an end-to-end pipeline for AI-enabled solutions, raised $13M in Series A funding.
The round was led by Lupa Systems, with participation from TitleTown Tech, Betaworks, Booz Allen Hamilton, and Esri. Lupa Systems’ Ben FitzGerald joined Synthetaic’s Board of Directors.
The company, which brings Synthetaic’s total amount raised to $17.5M, intends to use the funds to scale its RAIC platform and continue establishing strategic partnerships to analyze some of the world’s most important data sets.
Led by CEO Corey Jaskolski, Synthetaic provides organizations with end-to-end pipeline for AI-enabled solutions without the traditional dependency on human labeled data, thereby allowing for AI insights in minutes instead of after months of human annotation. Its flagship technology, RAIC (Rapid Automatic Image Categorization), enables rapid object labeling, AI modeling, and solution deployment by analyzing large, multidimensional imagery datasets, and allows both experts and non-experts to build and run detection AI models in minutes.
Synthetaic has partnered with a number of organizations across industries, including healthcare, geospatial AI, security, and conservation. The company has worked with Climate TRACE to identify CAFOs to estimate methane emissions; Michigan Medicine at the University of Michigan to classify rare brain tumors; the US Air Force to rapidly extract key insights from geospatial data; and National Geographic to help identify and track rare species to safeguard against poaching.
FinSMEs
17/03/2022