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Datasaur Secures $4M And Unveils New Feature Dinamic To Train Custom Natural Language Processing Models

PRIVATEAug 03, 2023

Amount Raised

$4 Million

Round Type

Seed

San FranciscoSoftwareHealth CareArtificial IntelligenceAnalytics

Investors

Ten One TenGold House VenturesHnvrInitialized Capital

Description

Datasaur, a leading natural language processing (NLP) platform that helps annotators train AI algorithms, today announced the close of a $4 million seed funding round and launched a new feature, Datasaur Dinamic, allowing users to easily train custom NLP models. The round was led by Initialized Capital with participation from HNVR, Gold House Ventures, and TenOneTen, bringing Datasaur's total funding to date to $7.9 million. The latest investment will be used to democratize access to the latest advancements in NLP and LLM technology.

Who else raised in Analytics and Software around the same time

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

  • Databricks raised $504M on September 14, 2023.
  • Databricks raised an undisclosed amount (Series G+) on September 14, 2023.
  • CLARA Analytics raised $24M (Series C) on September 8, 2023.
  • Ibex Medical Analytics raised $55M (Series C) on September 6, 2023.
  • Kindo raised $7M (Funding Round) on September 5, 2023.
  • Brillio raised an undisclosed amount on September 5, 2023.

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Company Information

Company

Datasaur

Location

San Francisco, California, United States

About

Datasaur leads the NLP industry with its comprehensive and automated data labeling solution. Founded in 2019 and headquartered in Silicon Valley, the company helps financial, legal, and healthcare companies turn raw unstructured data into valuable ML datasets. Prior to Datasaur, CEO Ivan Lee sold his first company Loki Studios to Yahoo and led ML teams at Yahoo and Apple. Datasaur graduated from the Stanford StartX (F19) and YCombinator (W20) accelerators and are backed by Initialized Capital, Greg Brockman (OpenAI President) and Calvin French-Owen (Segment CTO). To stay up to date with the latest developments from Datasaur, follow https://www.linkedin.com/company/datasaur.

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Datasaur 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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