Company:Outlier.ai
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| Industry | automated business analysis |
|---|---|
| Founded | 2015 |
| Founders | Mike Kim and Sean Byrnes |
| Headquarters | Oakland, California |
| Website | outlier |
Outlier.ai is an Automated Business Analysis company that produces an eponymous data analysis platform that determines and analyzes data outliers and outlier patterns.
History
The company was founded by Mike Kim and Sean Byrnes in 2015,[1] and its platform entered beta in 2016, becoming public in 2017. The firm is located in Oakland, California.[2] The CEO of the company is Sean Byrnes.[3]
Platform
Outlier.ai produces an eponymous platform that determines data outliers and unexpected patterns and changes in time-series data that are undetectable to human analysis via artificial intelligence.[3] It is an Automated Business Analysis platform, which provides proactive “insights”,[4] which are developed for non-technical review in addition to technical analysis,[2] and derived from the platform’s algorithms, which cross-correlate its detected anomalies.[5]
Funding
In 2017 Outlier received $2.2 million in a funding round that included Susa Ventures, Homebrew, and First Round Capital.[2] In 2018 Outlier raised $6.2 million in a round led by Ridge Ventures.[1] In 2019 Outlier partnered with In-Q-Tel to identify unexpected patterns in government agency data sets.[3] The company also received funding from Capital One Growth Ventures in 2019.[6] In 2020 Outlier raised an additional $22.1 million in series B funding.[7]
References
- ↑ 1.0 1.1 https://techcrunch.com/2018/07/24/outlier-raises-6-2-m-series-a-to-change-how-companies-use-data/
- ↑ 2.0 2.1 2.2 "Artificial Intelligence Startup Outlier.Ai Raises Cash". https://fortune.com/2017/02/24/outlier-ai-funding/.
- ↑ 3.0 3.1 3.2 "IQT Partners With Outlier.ai to Find Unexpected Patterns in Govt Data Sets". May 14, 2019. https://sociable.co/technology/in-q-tel-partners-with-outlier-ai-to-identify-unexpected-patterns-in-govt-data-sets/.
- ↑ "Outlier Receives Investment from Capital One Growth Ventures". August 20, 2019. http://www.finsmes.com/2019/08/outlier-receives-investment-from-capital-one-growth-ventures.html.
- ↑ Mann, Sonya (April 4, 2017). "Big Data Can Be Too Much of a Good Thing. These Startups Make It Useful". https://www.inc.com/sonya-mann/business-intelligence-cloud.html.
- ↑ https://www.bizjournals.com/sanjose/news/2019/08/21/the-funded-12-bay-area-startups-rake-in-over-650m.html
- ↑ "Outlier raises $22.1 million to spot anomalies in business data with AI". January 22, 2020. https://venturebeat.com/2020/01/22/outlier-funding-round-22-1-million/.
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