Stradigi AI raises $40.3 million to develop business AI solutions
Summary
Stradigi AI, a Montréal-based AI solutions provider and research lab founded in 2014, today announced that it has raised $53 million CAD ($40.3 million) in a series A round led by Canadian institutional funds Investissement Québec and Fonds de solidarité FTQ, with participation from Holdun Family Office, Segovia Capital, Cossette, and company cofounders Basil Bouraropoulos and Curtis Gavura. Additionally, he says it will bolster development of the firm’s freshly unveiled AI platform, Kepler, on the heels of a recently announced partnership with professional services network KPMG. “As two of the most respected institutional funds in Canada, with diverse portfolios and deep experience with preparing companies for international growth, IQ and the Fonds will bring tremendous value as we execute our strategy to become one of the top three leading platforms in North America.” tradigi’s aforementioned Kepler — its flagship software-as-a-service (SaaS) offering — combines software engineering with machine learning algorithms to address enterprise analytics and data science challenges. Here’s the gist: Kepler’s data scientists tap one of six AI modules — recommender, prediction, anomaly detection, image and video understanding, natural language, and strategic decision-making systems — to build algorithms that drive revenue or save costs. Having spent the last few years building its leading platform, Kepler, Stradigi AI is very well-positioned to develop its North American foothold to meet growing customer demand.