pienso raise
Business Briefs: Pienso Raises $2.1 Million Seed Round
Pienso, a machine learning platform for non-programmers, has closed a $2.1 million seed round. Led by Eniac Ventures, with participation from SoftTech VC, Indicator Ventures and E14 Fund, Pienso is focused on democratizing machine learning for domain experts who are non-programmers with no technical or data scientist experience. The funding allows the company to scale operations. "Investment by large enterprises in machine learning is rapidly accelerating as corporations spin up massive data lakes to garner insights into their business. However, it is costly, challenging to integrate and before now required data scientists on staff," said Vic Singh, Indian American general partner at Eniac.
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Pienso Raises $2.1 Million Bringing Machine Learning to Non-Programmers
BROOKLYN, N.Y.--(BUSINESS WIRE)--Pienso, the leading machine learning platform for non-programmers, today announces the close of a $2.1 million seed round. Led by Eniac Ventures, with participation from SoftTech VC, Indicator Ventures, and E14 Fund, Pienso is focused on democratizing machine learning for domain experts who are non-programmers with no technical or data scientist experience. The funding allows the company to scale operations. "Investment by large enterprises in machine learning is rapidly accelerating as corporations spin up massive data lakes to garner insights into their business. However, it is costly, challenging to integrate and before now required data scientists on staff," said Vic Singh, general partner at Eniac.
Pienso raises $2.1M to help non-programmers interact with machine learning models
Though the world could probably use a few more machine learning experts, there are a lot of non-programming specialists whose expertise could directly benefit ML models. That's the thinking behind the startup Pienso, an MIT spin-off that its founders hope can make the process of training machine learning models more accessible to non-technical people and allow companies to call on their existing expertise to better the insights they receive. "How can we embed a domain expert who doesn't necessarily have machine learning experience and capture their expertise and use it?" is the question CEO Birago Jones says that Pienso answers. The Brooklyn-based startup announced today that it has closed $2.1 million in seed funding led by Eniac Ventures, with participation from SoftTech VC, Indicator Ventures and E14 Fund. The company is using this cash to grow the small team and start growing its customer base.