AI-powered human insights startup Quilt secures US$9M Series A funding led by Nadathur Group, to develop 200 languages in-platform capacity
Quilt, a Singapore-based human insights startup powered by AI, announces that it has raised a Series A funding led by Nadathur Group, an investment management firm.
As reported by Tech In Asia, the company said it plans to use the new funds to develop the capacity for over 200 languages, build training models on more than 100 billion images, and improve its video recognition and classification engines.
Quilt was founded in early 2018. Its platform indexes and clusters human conversations and expressions across social, news, blog, and institutional sources, as well as search engines, all to help enterprises understand patterns in human behavior at scale.
“We are using anthropologists, semioticians, and designers to work with engineers, data scientists, and mathematicians. With how we operate, the platform changes the internet into the largest reflection of the human world and allows us to understand people and culture better,” said Quilt co-founder Angad Singh Chowdhry.
Along with the funding, the company also announced that it has welcomed Rishad Tobaccowala, who is a member of the senior management at French advertising and the Chief Growth Officer of public relations firm Publicis Groupe, to join its board of directors.
Quilt claims to have over 100 clients to date, including global companies such as Amazon, Colgate, Procter & Gamble, Accenture, and Visa.
With its service, Quilt said it uses internet-based tools to drive communication for non-profit organizations like the World Bank, Girl Effect, and the Children’s Investment Fund Foundation, among others.