The startup MyDataModels has announced a fund raising of €2.5 million in seed money. Led by Speedinvest with the participation of Earlybird, a long-time investor of MyDataModels, and Région Sud Investissement, this new funding will enable the start-up to continue its work on its predictive analysis platform based on advanced machine learning technologies and to support its growth, particularly internationally.
Founded in 2018 by Alain Blancquart and Denis Bastiment, MyDataModels aims to make Artificial Intelligence and Machine Learning capabilities accessible to all. After several years of development, the young company offers TADA, a predictive analysis platform. From small data sets, the platform provides accurate analysis to enable companies to understand, predict and make strategic decisions. It thus allows professionals with no particular knowledge in artificial intelligence to optimize their activity. Strong of its success, MyDataModels already supports large companies in the fields of health and industry such as Sanofi or Thales.
“We are enthusiastic about the idea of taking our ambition to democratize access to Artificial Intelligence, for everyone, even further. This new round of financing will enable us to strengthen our position with the major groups we support and at the same time support our growth with the smallest and medium-sized companies.
Professionals need to be aware of the power of accurate analysis of their data, especially the smaller ones. We are looking forward to working with Speedinvest, who will accompany us in particular on aspects related to business development in France and internationally. “says Alain Blancquart, CEO of MyDataModels.
Democratizing predictive analytics to the greatest number of people
With this round of financing, MyDataModels aims to accelerate its marketing strategy to operate on new markets, in France and internationally. It is also an opportunity to reinforce its growth by increasing its workforce and developing its marketing department. If today the TADA platform is more used by large groups, the ambition of MyDataModels is to address all types of companies, including SMEs and VSEs, on all markets.
“We are excited to support the growth and development of MyDataModels in France and abroad. Their technology enables the construction of Machine Learning models based on limited data sets, so companies can capitalize on the value of Small Data, regardless of the environment in which they operate. MyDataModels offers a turnkey solution for all companies and professionals who wish to implement AI on a daily basis without any particular knowledge in Machine Learning. “says Rick Hao, Principal at Speedinvest.
“MyDataModels offers a technology that adapts to the needs of companies and their technological environment, enabling a wide range of new embedded AI applications. It is also an incredible growth opportunity for MyDataModels that can touch many other businesses. “said André Retterath, Principal at Earlybird.
Translated from La start-up MyDataModels spécialisée dans l’analyse prédictive et le machine learning a levé 2,5 millions d’euros
