What is Mostly AI?
Founded in 2017 and headquartered in Vienna, Austria, Mostly AI specializes in creating artificial intelligence solutions for synthetic data. The company's technology serves a diverse array of industries, including finance, insurance, mobility and telecommunications, healthcare, govtech, and retail. By developing advanced AI for synthetic data, Mostly AI addresses critical needs for data privacy, augmentation, and testing across various business sectors, positioning itself as a key player in the burgeoning synthetic data market.
How much funding has Mostly AI raised?
Mostly AI has raised a total of $31.1M across 3 funding rounds:
Angel/Seed
$1.1M
Series A
$5M
Series B
$25M
Angel/Seed (2018): $1.1M with participation from 42cap and PUSH Ventures
Series A (2020): $5M led by Push Ventures, Earlybird, and 42cap
Series B (2022): $25M supported by 42cap, Citi, Earlybird, and Molten Ventures
Key Investors in Mostly AI
Earlybird
Earlybird is a venture capital investor focused on European technology innovators, investing in technology, medical, and related sectors. The firm is headquartered in Berlin, Germany.
42cap
42CAP is a venture capital firm that invests in seed-stage tech and data-driven B2B software companies across Europe with global ambitions, focusing on supporting innovative businesses and sustainable ventures.
Citi
Citibank NA is a financial services multinational corporation offering banking services and financial loans, founded in 1812 and based in Louisville, Kentucky.
What's next for Mostly AI?
The recent major strategic investment signals a pivotal phase for Mostly AI, likely enabling accelerated product development, market expansion, and further scaling of its operations. With a strong foundation in AI for synthetic data and a broad industry reach, the company is poised to capitalize on the increasing demand for privacy-preserving and data-rich solutions. Future growth may involve deeper penetration into existing markets and exploration of new applications for its technology, supported by the substantial capital infusion.
See full Mostly AI company page
