Scale AI
Enterprise Software
Founded: 2016
Last Round Valuation: $7.3B
Scale AI enables ML teams to generate top-notch training and validation data for AI app development. Their offerings include advanced APIs for LiDAR, image, video, and NLP annotation, enabling automated data labeling. Scale AI offers comprehensive solutions for managing the entire ML lifecycle. It was founded in 2016 by Alexandr Wang and Lucy Guo and is currently based in San Francisco, California.
Scale AI Overview:
Scale AI is a leading provider of solutions that facilitate the generation of top-notch training and validation data for machine learning (ML) teams engaged in AI application development. Their platform offers a suite of advanced APIs, specifically designed for LiDAR, image, video, and natural language processing (NLP) annotation. These APIs enable ML teams to automate the crucial task of data labeling, ensuring accuracy and efficiency in the training process.
By leveraging Scale AI's annotation APIs, ML teams can streamline their workflows and significantly reduce the manual effort involved in data labeling. The APIs are equipped with cutting-edge technologies that enable precise and consistent annotation of various types of data, such as 3D point clouds from LiDAR sensors, images, videos, and text. This automation helps accelerate the training of AI models and improves the overall quality of the ML algorithms.
Scale AI offers comprehensive solutions that cater to the entire ML lifecycle. From data collection and preprocessing to model training and evaluation, their platform provides a seamless end-to-end experience. ML teams can leverage Scale AI's tools and services to efficiently manage and track their datasets, collaborate with team members, and monitor the performance of their models.
Founded in 2016 by Alexandr Wang and Lucy Guo, Scale AI has emerged as a prominent player in the AI industry. The company is headquartered in San Francisco, California, which is a hub for technology and innovation. With their expertise in data annotation and ML lifecycle management, Scale AI continues to drive advancements in AI application development and empower ML teams worldwide.
Founders:
Alexandr Wang
Lucy Guo
Top Investors:
Founders Fund
Index Ventures
Accel
Coatue Management
General Catalyst
Dragoneer Investment Group
Spark Capital
Tiger Global Management
Y Combinator
Thrive Capital
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Apr 2021 | Series E | $325MM | $603.68MM | $9.37 | $7.3B | Dragoneer, Greekoaks Capital, Tiger Global |
Dec 2020 | Series D | $154.74MM | $278.68MM | $4.80 | $3.5B | Tiger Global |
Aug 2019 | Series C | $101.24MM | $123.94MM | $1.46 | $1B | Founders Fund, Accel, Coatue Management |
Aug 2018 | Series B | $18MM | $22.7MM | $0.16 | $92.2MM | Index Ventures, Accel, Y Combinator |
Jul 2017 | Series Safe-1 | $100K | $100K | $0.01 | $15MM | Undisclosed Investors |
Jul 2017 | Series A | $4.5MM | $4.5MM | $0.03 | $15MM | Accel |
Jul 2017 | Series Safe-2 | $100K | $100K | $0.03 | $15MM | Undisclosed Investors |
In the News:
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