LONDEN–(BUSINESS WIRE)– causaLens, het Londense deep tech-bedrijf dat de toekomst van AI levert, heeft een Series A-ronde van $ 45 miljoen opgehaald.

causaLens is de pionier van Causale AI – de enige AI-technologie die oorzaak-en-gevolgrelaties kwantificeert om samen met mensen te redeneren op een manier die betrouwbaar, verklaarbaar en eerlijk is. Causale AI vertegenwoordigt een enorme sprong voorwaarts ten opzichte van de huidige op correlaties gebaseerde AI-technologieën, die blindelings historische gegevens extrapoleren en geen contrafeitelijke vragen kunnen stellen – de ‘wat als’ in de kern van menselijke verbeeldingskracht en creativiteit. Het no-code-platform van causaLens levert veel nauwkeurigere en betrouwbaardere resultaten en stelt mens en machine voor het eerst in staat om samen te werken. Het wordt vertrouwd door besluitvormers in financiën, industrie, technologie en overheid.

causaLens Raises $45m Series A to Scale Human-centered AI That Understands Cause-and-effect

LONDON–(BUSINESS WIRE)– causaLens, the London deep tech company delivering the future of AI, has raised a $45m Series A round.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220126005888/en/

The causaLens co-founders, Dr. Maksim Sipos, CTO, on the left, and Dr. Darko Matovski, CEO, on the right. (Photo: Business Wire)

causaLens is the pioneer of Causal AI – the only AI technology quantifying cause-and-effect relationships to reason alongside humans in a manner that is trustworthy, explainable, and fair. Causal AI represents a giant leap ahead of current correlation-based AI technologies, which blindly extrapolate historical data and are unable to ask counterfactual questions — the ‘what ifs’ at the core of human imagination and creativity. causaLens’s no-code platform delivers far more accurate and reliable results, and allows humans and machines to work together for the first time. It is trusted by decision makers across finance, industry, technology, and government.

The round was led by Dorilton Ventures and Molten Ventures, with sizable participation from existing investors Generation Ventures and IQ Capital. GP Bullhound and others also joined the round, which was oversubscribed. Daniel Freeman of Dorilton Ventures has joined causaLens’s board of directors.

Since emerging from stealth mode in January 2021, causaLens has seen annual revenue grow by more than 500%, winning marquee clients including Tier1 banks, hedge funds, governments and Fortune 500 companies.

After considering more than 50,000 CVs, causaLens has the strongest group of AI scientists and engineers ever assembled to implement Causal AI. The new funding will allow causaLens to double its team in 2022 while investing aggressively to maintain its competitive technology lead.

causaLens CEO and co-founder, Darko Matovski, said:

“Our vision is to create a world in which humans can trust machines with the greatest challenges in the economy, society, and healthcare. Our customers are seeing transformative results with our no-code platform and we now have the resources to bring our platform to everyone.”

causaLens is delivering transformational outcomes across a range of sectors. In financial services, the insurer and asset manager Aviva uses the company’s platform to improve portfolio returns. Pension funds, including TIAA, with $1T under management, also trust causaLens with some of its most important decisions. Beyond financial services, causaLens’ platform has helped mitigate supply chain disruptions, navigate public health crises and discover novel biomarkers for cancer.

Supported by $45M in the first close of this Series A round, causaLens is now able to help organizations across more sectors and geographies to create human-centered AI systems they can fully trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220126005888/en/

Contacts

Alejandro Ortega Ancel

alejo@causaLens.com