CyborgIntell, an enterprise AI software company, has raised $1.19 Million in funding from SenseAI and Pentathlon Ventures, followed with extended additional investments from existing investors and Ghosal Ventures.
The current funding will be harnessed for strengthening the talent pipeline in Sales, Marketing and Product R&D, scaling operations geographically across the North American Markets, accelerating customer acquisitions and expanding in existing markets of India and South Africa.
Founded in 2018 by Suman Singh, CyborgIntell is a Bengaluru based AI & Machine Learning product company which automates the entire lifecycle of Data Science and Machine learning, to accelerate the data to decision cycles for businesses.
“We are excited and extremely grateful with the support we have received at this juncture of our growth journey. We take immense pride in our next-gen Automated Machine Learning platform that augments the capabilities of data scientists by enabling them with consistent, accurate, and focused solutions. With our funding underway we aim to enhance our focus on financial services sector – Banking, Insurance & Lending companies in India, South Africa & APAC to create the next phase of Data Science evolution.” Suman Singh, Founder & CEO, CyborgIntell, said.
The investment is an indicator of the high interest in next gen technologies like AI and the journey of empowering the growth of start-ups that are unlocking this value proposition. SenseAI Ventures invests in early stage Artificial Intelligence first startups and works closely with founders from the initial stages to provide support in product and go-to market strategies.
“Suman and team are building an Enterprise AI platform which is an essential component of any organization seeking to leverage AI. As AI becomes a part of every product, service or business, CyborgIntell will be an integral part of this future.” Rahul Agarwalla, Managing Partner at SenseAI Ventures, said.
CyborgIntell has acquired leading lending and insurance companies in India, South Africa, and APAC as clients. As for the future, the company has multiple POVs that are currently underway with Tier 1 Banks, Insurance and Lending companies to enhance their clientele.
“The support from SenseAI, Pentathlon, Ghosal Ventures and all our existing investors will boost our growth plans. This support will help us generate higher value for our customers with more innovative and ground-breaking products and solutions. Our mission is to unlock the potential of data and empower enterprises to become highly data & predictive intelligence-driven.”Suman Singh added.
Their flagship product “iTuring”, is NO CODE AI driven Data Science and Machine Learning software that enables enterprises Develop, Deploy, Operationalize and Manage risk of sophisticated Machine Learning models seamlessly on a single platform.
“Congratulating the founding team of CyborgIntell, they saw huge potential for companies which are helping simplify the development of AI/ML solutions for enterprises whereby business owners can use AI/ML solutions without the need to Deep Data Science expertise.” Sandeep Chawda, Managing Partner at Pentathlon said.
Their Partner networks includes HPE, NewGen, TempleGate Technology, AxionConnect among others.