46384
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
Portugal
Market: Artificial Intelligence
Stage of the project: Prototype or product is ready
Date of last change: 18.12.2020
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
Presentation
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