London-based no code startup channels $1.2 million to make data analytics more accessible with causal AI
Summary
The startup founded in June 2020 by Armen Poghosyan and Trung Huynh is attempting to change the situation. It is democratising a wide range of analytics tasks, making it accessible to everyone, everywhere, and not just the data specialists. Actable AI technology allows users to analyse their data with eight different AI-based analytics: causal inference, regression, classification, time series forecasting, sentiment analysis, segmentation, data cleaning, and correlation analysis. Dr Armen Poghosyan, CEO and Co-Founder of Actable, said: “The funding will allow us to continue to grow and bring advanced analytics to companies all around the world. It will also help us to democratise the data science market, making it easier for SMEs and business professionals to use their data to tackle real-world issues.” Alex Menn, Partner at Begin Capital, said: “The computing power and learning ability of software may fundamentally disrupt the role of experts.