What is Defined.AI?
Defined.AI operates as a premier online marketplace for the acquisition and divestiture of AI data, tools, and models. Beyond its robust platform, the company offers specialized professional services designed to facilitate the successful execution of complex machine learning initiatives. Defined.AI fosters a collaborative community dedicated to the development of fair, accessible, and ethical artificial intelligence for the future.
How much funding has Defined.AI raised?
Defined.AI has raised a total of $75.2M across 4 funding rounds:
Angel/Seed
$1.1M
Series A
$11.8M
Other Financing Round
$11.8M
Series B
$50.5M
Angel/Seed (2016): $1.1M with participation from Portugal Ventures
Series A (2018): $11.8M led by Evolution Equity Partners, Mastercard, Kibo Ventures, Energias de Portugal, Sony, Portugal Ventures, Busy Angels, and Amazon Alexa Fund
Other Financing Round (2020): $11.8M, investors not publicly disclosed
Series B (2020): $50.5M featuring Semapa Next, Amazon Alexa Fund, Portugal Ventures, IronFire Ventures, Hermes GPE LLP, Mastercard, Bynd Venture Capital, EDP Ventures, Sony Innovation Fund, Evolution Equity Partners Ltd, and Kibo Ventures
Key Investors in Defined.AI
Evolution Equity Partners Ltd
Evolution Equity Partners is a venture capital firm that typically invests in growth-stage technology companies, particularly those in cybersecurity and AI.
Mastercard
Mastercard is a global technology company in the payments industry, often investing in companies that enhance digital commerce and data analytics capabilities.
Kibo Ventures
Kibo Ventures is a venture capital firm focused on investing in technology companies, particularly those with disruptive potential in sectors like AI and data.
What's next for Defined.AI?
The recent major strategic investment indicates a pivotal moment for Defined.AI, likely signaling a transition into a scaling phase. This capital infusion is expected to fuel further development of its AI marketplace, enhance its professional services offerings, and potentially expand its global reach. Strategic partnerships and continued innovation in AI data solutions will be critical for the company's sustained trajectory.
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