What is Mostly AI?
Founded in 2017 and headquartered in Vienna, Austria, Mostly AI specializes in creating artificial intelligence solutions for synthetic data generation. This technology serves a diverse array of industries, including finance, insurance, mobility and telecommunications, healthcare, govtech, and retail. By providing advanced AI for data synthesis, Mostly AI enables businesses to leverage data more effectively and securely, driving innovation across various sectors. The company's focus on synthetic data positions it at the forefront of AI advancements, addressing critical needs for data privacy and accessibility in a rapidly evolving digital landscape.
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, 42cap, and Earlybird
Series B (2022): $25M supported by Earlybird, Molten Ventures, 42cap, and Citi
Key Investors in Mostly AI
Earlybird
Founded in 1997, Earlybird is a venture capital investor focused on European technology innovators, investing in technology and medical sectors from its Berlin headquarters.
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.
Molten Ventures
Molten Ventures is an investment firm that provides capital for companies, focusing on strategic growth and market expansion.
What's next for Mostly AI?
With its recent major strategic investment and substantial total funding of $31.1M, Mostly AI is poised for accelerated growth and market penetration. The company's trajectory, marked by consistent capital raises from Seed to Series B, indicates strong investor confidence in its synthetic data technology and its application across multiple high-value industries. This sustained backing suggests a strategic focus on scaling operations, further developing its AI platform, and expanding its market reach. The company is likely to continue its expansion into new verticals and geographical markets, solidifying its position as a leader in the synthetic data space.
See full Mostly AI company page
