“Data is the new oil” and MayStreet provides that oil to the financial services industry, ranging from traders to regulators. The company’s robust real-time data infrastructure platform provides a full view of the book on equities, bonds, and derivatives, time-stamped to the nanosecond level. CEO and Cofounder Patrick Flannery walks us through how the inspiration for the business came to him and his cofounder while working as engineers in the hedge fund world, how the company landed the SEC as a client, and the company’s recent funding round led by Credit Suisse Asset Management’s NEXT Investors.
Data and Analytics
Simplecast, the podcast management and analytics platform, has been acquired by SiriusXM, the satellite radio provider and parent company to Pandora. The terms of the transactions were not disclosed. SiriusXM plans to combine Simplecast with AdsWizz, the podcasting monetization platform that Pandora acquired in 2018.
With GDPR and the California Consumer Privacy Act marking the beginning of a shift in how we view privacy data, there is an increased need for businesses to be compliant as more regulations emerge. Ethyca’s data privacy automation platform provides developers and product teams the ability to ensure consumer data privacy throughout applications and services design. CEO and Cofounder Cillian Kieran walks us through the company’s history, the pain point it is solving, and latest funding round, which brings the total funding raised to $20M since 2018.
Peter Brodsky was running an engineering team at SoundCloud when he and his cofounders first got the urge to automate some of their job functions. They set out to deliver machine learning to the enterprise, and when looking back at their earliest ambitions, automating data entry really paved the way for Hyperscience, the data automation platform. Peter shares more about the vision for the business, the company’s future plans, and recent $60M Series C round, which was closed in only 6 days in the middle of the pandemic!
Software is changing the way venture capitalists manage the business ranging from solutions that address recruiting, platform, ops, fund accounting, pipeline management, follow-ons, and cap table management. TABS Score is the solution that addresses the process of due diligence. Lexie Anderson shares more about the “Diligence-as-a-Service” platform.
While working in finance, Accern CEO and Cofounder Kumesh Aroomoogan recognized that as his firm’s data grew, the firm had to hire more and more people; scaling with people versus technology. He saw that he could automate much of this data processing through AI, enabling the team to focus on the higher-value tasks. The product to do this is Accern, a workflow automation solution powered by AI and NLP. The company just closed its Series A round and has now raised a total of $15M in funding.
While working as a commercial real estate developer, William Sankey was convinced there was a better way to manage complex, multi-million-dollar projects that didn’t involve paper-based workflows, data entry, filing cabinets, and “gut feelings”. He cofounded Northspyre, a cloud intelligence platform that automates workflow and reveals data insights for the CRE industry. AlleyWatch caught up with Sankey to learn more about the company’s product, traction, and recent funding round.
The promise of big data and machine learning has significant ramifications for treatments in the healthcare industry. However, due to privacy concerns, innovation is often stifled. Thomas Clozel, MD, an assistant professor of oncology, saw this roadblock firsthand and cofounded Owkin – a collaborative platform that allows medical researchers to gain insights from decentralized data without breaching any privacy protocols. Clozel offers some insight into how Owkin is changing the medical research landscape powered by machine learning and algorithms.
The importance of CX can not be understated. Yet as we adopt all these new technologies to better improve the customer experience, we end up creating siloed and disparate sets of data across multiple channels. Frame AI leverages machine learning and AI to synthesize your entire CX stack to deliver accurate insights in a fraction of the time it would take using other means. This leads to better customer experience.
Many companies are focused on addressing intercompany data transfers; however, large enterprises still overwhelmingly rely on emails, phone calls, and EDI’s to transfer important data between two companies. BackboneAI transforms how businesses exchange data through its proprietary technology that increases the efficiency of intercompany data processes by introducing automation. BackboneAI’s platform is layered on top […]
Monaeo, a SaaS platform that manages business travel compliance from a tax and payroll perspective, has been acquired by SF-based Topia. The terms of the transaction were not disclosed. “Topia’s track record of innovation, deep understanding of the enterprise mobility market, and a world-class management team made this an ideal opportunity for us to take […]