Synthetaic Secures $13M Series A Financing to RAIC the World

DELAFIELD, Wis. (Synthetaic PR) — Synthetaic, the end-to-end AI company, announced today that it had closed a $13M Series A financing round led by Lupa Systems, and with participation from TitleTown Tech, Betaworks, Booz Allen Hamilton, and Esri. The money will be used to scale Synthetaic’s groundbreaking RAIC platform and continue establishing strategic partnerships to analyze some of the world’s most important data sets. Lupa Systems’ Ben FitzGerald has also joined Synthetaic’s Board of Directors.

Synthetaic provides organizations with an 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. Synthetaic’s 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.

(more…)