3 years ago

Humanloop Secures £2.1 Million Seed Funding to Democratize AI Access for Businesses

  • Humanloop, a London-based AI startup, has raised £2.1 million in a seed funding round led by Index Ventures

  • The company's tools help businesses integrate natural language processing into their applications, speeding up the training of machine learning algorithms

  • Humanloop aims to democratize AI adoption by making it easier for companies to build and use AI models.

      • ProblemTechnology

      "It's hard for companies to use AI because they need to train the algorithms with data, and this is a time-consuming and expensive process."

      Solution

      "Humanloop provides tools that make it easier for companies to train AI algorithms by automating the process of data annotation. This allows companies to use AI without needing to hire a team of data scientists."

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