Photo - YData
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YData

Improved and synthetic data for AI

Portugal
Market: Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 18.12.2020
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Idea

YData offers a data experimentation platform with synthetic data generation that makes the process of building datasets take a fraction of the time, thus making AI adoption successful.

Current Status

Will start fundraising in 2021.

Market

Global maker for data science platforms and privacy enhance tools is greater than 1 trillion dollars.

Problem or Opportunity

85% of AI-based projects fail and the cause is the difficult access to data and overall poor data quality.

Solution (product or service)

YData connects and manage data sources, improves existing data and generates new one. It's a collaborative data platform that makes the process of building a dataset much easier and faster.

Competitors

Gretel, MostlyAI, Hazy and Synthesized.

Advantages or differentiators

YData supports time series data and has a data science platform to make it easy to use synthetic data.

Finance

Each customer has a LTV of hundreds of thousands dollars.

Business model

Software license

Money will be spent on

Human resources, research, internationalization, sales and marketing.

Team or Management

Risks

New market

Incubation/Acceleration programs accomplishment

Current participating in Google For Startups Residency

Won the competition and other awards

Winner of the Born From Knowledge award
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video