What is Driven Data?
DrivenData specializes in data science and AI solutions designed to create social impact across critical sectors such as health, education, and conservation. The company actively engages a global community of AI talent by hosting machine learning competitions to develop bespoke solutions for mission-driven organizations. By making data science more accessible, DrivenData has partnered with over 80 organizations, contributing to more than 150 projects aimed at addressing pressing social challenges. Their comprehensive service offerings also encompass software engineering, data strategy, and the development of open-source projects to bolster the capabilities of organizations in need.
How much funding has Driven Data raised?
Driven Data has raised a total of $4.7M across 2 funding rounds:
Debt
$150K
Series B
$4.5M
Debt (2020): $150K with participation from PPP
Series B (2021): $4.5M led by JHCapital and Rick Gibbs
Key Investors in Driven Data
JHCapital
JHCapital is an investor in Driven Data's Series B round, indicating a focus on companies with significant growth potential in the technology or data science sectors.
Rick Gibbs
Rick Gibbs participated in Driven Data's Series B funding, suggesting an interest in companies leveraging data for impactful solutions.
PPP
Public-Private Partnership
What's next for Driven Data?
The substantial enterprise-level funding, including the recent Series B financing, positions DrivenData for significant scaling and expansion of its social impact initiatives. This capital infusion is expected to accelerate the development of advanced AI tools and broaden the reach of their data science competitions, further empowering non-profits and social enterprises globally. Strategic partnerships and continued innovation in machine learning will likely be key to their future growth, solidifying their role as a leader in applying technology for social good.
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