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About

Ayasdi helps companies to use AI and big data to make employees productive. Its machine intelligence platform leverages automation, machine learning, and topological data analysis to simplify the knowledge from complex data sets. It facilitates the deployment of intelligent, AI-based applications across the enterprise. Recently, Ayasdi was selected for the Forbes Fintech 50 For 2019 list.

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Why Ayasdi Represents the Intersection of AI and Applications

Focus

PRODUCTS & SERVICES

Ayasdi provides regulatory risk and AML solutions to the financial services industry. The model accelerator is targeted at regulatory challenges and distills complexity for financial institutions. It's technology automatically assembles similar groups of customers and customers-of-customers in the discovery phase of AML. The robust AML solution predicts, justifies, and acts (pushes intelligence to the subject matter experts' results in fewer false positives and more caught launderers).

REVENUE MODEL

The company follows subscription based revenue model.

MAIN CLIENTS

Intermountain Healthcare

Lockheed Martin

the United States Federal Reserve System

Credit Suisse

Siemens

Citi

Mercy

Mount Sinai

etc.

EXISTING PARTNERSHIPS

HSBC Holdings

Centerview Capital Technology

SumAll.org

U-BIOPRED Consortium

etc.

COMMENT

Ayasdi’s system uses topology, a sub-field of mathematics that studies shapes, to observe data patterns and identify potential relationships. By providing a unique machine intelligence platform, Ayasdi claims their advanced analytics software enables data scientists, domain experts, and business people to be more productive. The company is building up applications that can be used by doctors & nurses, revenue analysts, fraud investigators, and more which impact the broadest part of the organization.

Traction

VALUATION / MARKET CAP:

$687.5 M in 2015

VALUATION COMMENT:

According to third-party data sources, the company's valuation is at $687.5 Mn.

REVENUE COMMENT:

Approximate revenue $20- $25 M in 2016.

People

FOUNDERS

Harlan Sexton

Gunnar Carlsson

Gurjeet Singh

BOARD MEMBERS AND ADVISORS

Michael Dolbec

Ramneek Gupta

Steve Harrick

Harpinder Madan

Ann Miura-Ko

Karen Richardson

Todd Rulon-Miller

Ted Schlein

and Shiva Shivakumar.

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Bullpen Capital

Centerview Capital

Citi Ventures

Draper Nexus Ventures

etc.

Floodgate

GE Ventures

Institutional Venture Partners

Khosla Ventures

Kleiner Perkins Caufield & Byers

KEY EMPLOYEES:

Bob Griffin (CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$106.35 M

DATE OF LAST FUNDING

Mar 2015

TOTAL FUNDING COMMENT

The company will use its funds to grow into new sectors, including retail, information services, manufacturing, energy & technology with investments in engineering, data science, sales, and marketing.

SEED CLOSED ON

Sep 2010

FUNDING SERIES

SERIES A  · $10 M  · Jan 2013

SERIES B  · $30.6 M  · Jul 2013

SERIES C  · $55 M  · Mar 2015

OTHERS  · $10.75 M · Mar 2013

LISTED

NO

COMMENT

The company has raised money from various PE & venture rounds such as 10.07 Mn (Apr. 2012), $.5 Mn (May 2012) and $.18 Mn (Mar 2013).

BASICS

FOUNDING YEAR:

2008

LOCATION:

United States

Views:

571 VISITORS | 869 VIEWS
LATEST FUNDING ROUND

$106 M

TOTAL EMPLOYEES
51-200

About

Ayasdi helps companies to use AI and big data to make employees productive. Its machine intelligence platform leverages automation, machine learning, and topological data analysis to simplify the knowledge from complex data sets. It facilitates the deployment of intelligent, AI-based applications across the enterprise. Recently, Ayasdi was selected for the Forbes Fintech 50 For 2019 list.

Watch

Why Ayasdi Represents the Intersection of AI and Applications

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