10 years ago

Telectic Secures £1.5 Million Seed Funding for AI-Powered Professional Network Insights

  • Telectic, a London-based startup using AI to interpret the content of the World Wide Web, has secured £1.5 million in seed funding

  • The round was led by Imperial Innovations Group plc, which now holds an 18.3% stake in the company, with participation from angel investors

  • Telectic aims to map and discover insights about the professional world by reorganizing the Web's information about people, networks, and organizations

  • The company plans to use the funding to launch in 2016.

      • ProblemTechnology

      "It's hard to get a comprehensive understanding of the professional world - the people, networks, and organizations that make it up - because information is scattered across the web."

      Solution

      "Telectic uses AI to map and discover insights about the professional world by organizing web information about people, networks, and organizations. This helps professionals doing research and business development."

      Covered on