Torch.AI raises $30M for AI that unifies disparate enterprise data

The company plans to put the proceeds toward growth as it acquires new customers, particularly U.S. federal agencies in the national security realm, including those operating in high-risk environments. Leawood, Kansas-based Torch.AI, which was founded in 2017, offers one such solution in a platform that connects disparate apps, systems, cloud services, and databases to enable data reconciliation and processing. Companies can bring their own models to automate data engineering tasks and workflows ranging from notifying an analyst of an anomaly and its potential impact to recalculating risk or complexity scores, according to Torch.AI. In addition, Torch.AI provides a suite that maintains a hardened cybersecurity posture and tools that make the implementation of compliance regulations and policies ostensibly easier. When we engaged with companies across the U.S., we heard the same thing: doing almost anything meaningful with data was too complicated and took too long,” CEO Brian Weaver told VentureBeat via email.