Millionways Raises $10M for its Emotionally-Intelligent AI Platform for Use in Hiring and Healthcare – AlleyWatch
Summary
Rooted in science and psychology, the platform relies on 5,000,000+ data samples that have been trained by 25 psychologists, giving it an advantage over probabilistic language models.AlleyWatch caught up with Millionways CEO and Cofounder Martin Cordsmeier to learn more about the business, the companys strategic plans, latest round of funding, and much, much moreWho were your investors and how much did you raise? We raised a total of $10M in equity, convertible notes, grants from German philanthropists, and 8 US-based angel investors, including NFL legend Sidney Rice and Jay Elliot, former Apple senior VP and mentor to Steve Jobs.Tell us about the product or service that Millionways offers. When millionways switched from non-profit to for-profit, I was then joined by my cofounder and half-brother Max (CTO), who has an MS in mathematics and is a self-taught full-stack developer and AI expert. We are currently approaching major businesses to partner with and aim to establish various joint ventures where our solution contributes to a unique product in various verticals.What advice can you offer companies in New York that do not have a fresh injection of capital in the bank? The company will hopefully grow rapidly as it is driving revenue by forming partnerships in multiple venture verticals.Whats your favorite coffee shop or location in the city to hold a meeting?