How much did Aimmo raise?

Aimmo raised $12 Million in a Series A round on January 3, 2022.

Aimmo Bags $12M Series A To Advance Data Labeling Technology

PRIVATEJan 03, 2022

Amount Raised

$12 Million

Round Type

Series A

South KoreaSoftwareData And AnalyticsConsumer Goods

Description

Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning model, but at the same time, it can be time-consuming and tedious work.

Quick answer

Aimmo raised $12 Million in a Series A round, dated January 3, 2022. Aimmo is based in South Korea.

How much did Aimmo raise?: Aimmo raised $12 Million in a Series A round on January 3, 2022.
What does Aimmo do?: A Korean startup called AIMMO, which uses software and humans to label and categorize image, video, sound, text and sensor fusion data, built an AI data annotation platform, enabling the data labeling faster for..
Where is Aimmo based and how big is it?: Aimmo is based in South Korea.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Consumer Goods around the same time

Companies in the same sectors as Aimmo that raised within 45 days of this round, from Fundz verified event records.

MoEngage raised $30M on February 4, 2022.
Chargebee raised $250M (Funding Round) on February 1, 2022.
Syntegra raised $5.6M (Seed) on January 4, 2022.
MoEngage raised an undisclosed amount (Funding Round) on December 8, 2021.
MoEngage raised $30M (Funding Round) on December 7, 2021.
MoEngage raised $30M (Funding Round) on December 7, 2021.

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Company Information

Company

Aimmo

Location

South Korea

About

A Korean startup called AIMMO, which uses software and humans to label and categorize image, video, sound, text and sensor fusion data, built an AI data annotation platform, enabling the data labeling faster for enterprises. Founded in 2016 by chief executive officer SeungTaek Oh, the startup has three data annotation tools: AIMMO DaaS, which manages sensor fusion data for autonomous vehicle corporations; AIMMO GtaaS, a turnkey-based platform for big data; and AIMMO Enterprises, launched in 2020, a web-based SaaS annotation labeling tool using cloud architecture. The startup said its tools help improve the inefficiency of the data annotation process so that customers focus only on their AI modeling. The company expects its growth in 2022, with the global demand for the autonomous driving field continually increasing. The Korea-headquartered startup has offices in the U.K, the U.S., Japan and Vietnam. Today, the startup has 200 employees across the globe and more than 10,000 data labelers.

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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Aimmo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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