AI Squared Earns $13.8M Series A Funding: Putting the Power of AI Into the Hands of the Business
Benjamin Harvey, Ph.D., Founder & CEO at AI Squared
At AI Squared, we seek to dispel skepticism around AI’s ability to drive tangible operational impact within organizations across industries. Today, we are thrilled to announce a significant milestone in this journey: the successful completion of our Series A funding round, securing $13.8 million from a range of leading technology investors including ANSA Capital (Allan Jean-Baptiste), NEA (Greg Papadopoulos), and Roger W. Ferguson Jr., former Vice Chair of the Federal Reserve System and CEO of TIAA.
This funding marks a pivotal moment as we strive to realize our vision of fostering widespread AI adoption by embedding AI-generated data insights directly into mission-critical applications and everyday workflows.
Journey to Series A: Executing on the Vision
From our inception, AI Squared has been dedicated to accelerating AI adoption and making intelligent insights accessible to all. Our journey has been characterized by some significant achievements across the private and public sectors, including securing contracts with esteemed entities like the U.S. Air Force, Cooperative Research and Development Agreements (CRADAs) with the National Security Agency (NSA) and National Geospatial-Intelligence Agency (NGA), and pending contract awards with the U.S. Navy.
These accomplishments have demonstrated to our investors the excitement and need for AI within the fabric of daily workflows and operations — even among heavily regulated industries.
Transforming the Way AI Can Impact the Business
AI Squared’s platform can be applied across many different business use cases. For instance, our platform empowers sales teams by seamlessly integrating AI-powered insights directly into their CRM applications (e.g., Salesforce). With the help of AI Squared, data science teams can easily build an AI model that delivers customer account insights directly into their sales representatives’ CRM dashboards. This enables informed decision-making and revenue growth, all while alleviating business users (the sales reps) from the complex responsibility of interacting with the AI model themselves. The number of ways we can impact various business teams is limitless. Where data is of value, we can unlock those insights within the data to help all business teams operate more intelligently and efficiently.
However, our core differentiation lies in our ability to help foster cross-team collaboration between AI consumers and developers. By incorporating real-time feedback mechanisms, like survey questions, directly within business application workflows, we create a feedback loop between line of business employees and data science teams. This allows for prompt improvements to the performance and accuracy of AI models and how insights are delivered to the business, all to foster confidence in AI’s effectiveness within business operations and workflows.
Looking Ahead
As we embark on the next phase of our post-Series A journey, AI Squared remains committed to advancing seamless AI integration and real-time feedback capabilities through the development of reverse ETL and lean AI functionalities. Our goals align closely with our mission of empowering organizations with actionable insights derived from AI, driving unparalleled operational efficiency and success.
This is just the start of our journey. We extend heartfelt gratitude to our investors, clients, and supporters for their unwavering belief in our vision and continued contributions to our success.
Visit our website to learn more about how we are serving better insights to AI consumers.
