Seed Round Completed - NuMind - Create NLP models, effortlessly
Summary
Flybridge for leading this round, Big Bets for putting the first institutional check, Carya, Pioneer, Velocity, Sharpstone, all our business angels for believing in us, and of course YCombinator for kickstarting everything. We look forward to working with all of you and make NuMind a leading AI company!And now a bit more about NuMindUnless you have been living under a rock these last months, you heard about the rise of LLMs and their most famous representatives: ChatGPT and GPT-4. These models - trained on a big chunk of the web - are able to generate text at a level that was unthinkable a few years ago. Currently, tackling these applications requires machine learning experts, an intense labeling effort, and the outcome is often disappointing.NuMind is born out of our own frustration with this situation - it was clear that things should be done differently in a post GPT-3 world already, so we decided to do something about it. I (Etienne, CEO) left my position of head of Machine Learning at Wolfram Research, Samuel (CTO) left his previous startup Make.org, and we teamed up to build NuMind - a tool to create custom NLP models efficiently, that can be used by both experts and non-experts.Note the importance of the custom aspect here.
Funding
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