HIPSTO Launches its Series A Funding Round
- Fundraising News , Cloud
- 10.05.2021 02:40 pm
HIPSTO today announced the launch of its Series A Funding Round, providing the rare opportunity to invest in an organization with proprietary, leading-edge AI/advanced NLP technology as it starts its commercial journey.
HIPSTO is seeking funding to scale up its AI development department and bolster the commercial (sales & marketing) function prior to aggressively targeting the Data Labeling, Alternative Data and Brand Safety Markets. The organization is seeking investment of €2-3M for a direct equity stake and is targeting a 60x ROI in year 5.
HIPSTO has developed a state-of-the-art AI platform called FalconV™. It combines Machine and Deep Learning techniques to facilitate a variety of NLP microservices for information discovery. The modular architecture allows configuration and re-configuration of various proprietary services for extraction, curation, analysis and delivery, providing a complete toolbox to create end-to-end AI solutions.
“We’ve already developed a leading-edge technology stack that can provide unlimited AI solutions for a multitude of markets. Commercially we have only just scratched the surface, and found that leading international hedge funds and enterprise have acknowledged that our technology can set a new benchmark,”
Sebastian Owen, CEO & Founder of HIPSTO.
The market for AI is estimated to grow at a compound annual growth rate (CAGR) of 42% from 2020 to 2027, and a trillion-dollar annual market is predicted by 2030. The adoption of AI and use of NLP by enterprise is in its infancy; HIPSTO is looking to utilize investment to accelerate the creation of its organizational infrastructure to optimize its ability to benefit from this accelerated growth.
Visit hipsto.ai/falconv/ for further information about HIPSTO’s FalconV platform.
The following investment documentation is available upon request:
- Information Memorandum
- FalconV extended version overview
- Science papers
- AI microservice decks
- Technology backend operations & dashboard
- Internal market research reports (>1500 pages)
Investors with a genuine interest are encouraged to contact firstname.lastname@example.org for a teaser and pitch deck that will provide further information about the Series A investment.