Read the pitch deck Rasgo used to raise $20 million to help data scientists build machine learning features 10x faster
Tech workers Jared Parker and Patrick Dougherty first met three years ago when they "took data scientists out for lunch and dinners and just heard them complain about their current world," Parker told Insider. The pain point they heard again and again, according to Parker, was "Why am I spending all my time extracting, exploring, cleaning, joining, transforming raw data into a set of features that can be consumed by my model?" Their answer to that frustration is Rasgo Intelligence, a startup they founded a year ago during the height of the pandemic, that helps data scientists prep their data, reuse code, and ultimately build machine learning models much more efficiently. On Thursday, the New York-based startup raised a $20 million Series A led by Insight Partners with participation from Unusual Ventures. This latest round brings its total funding to over $25 million; the startup declined to disclose its valuation.
Jun-24-2021, 15:06:23 GMT
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