Bem: AI Data Interface Company Raises $3.7 Million

By Amit Chowdhry • Jun 12, 2024

Bem, an AI data interface company building an advanced and easy-to-use platform that functions as a universal communication protocol, announced it raised $3.7 million in seed funding. Uncork Capital led the round, which included participation from Kevin Mahaffey, Roar Ventures, and renowned angel investors, including Garry Tan.

Bem will use the seed funding round to launch the company and continue research and development to help further develop the platform. Bem is an AI data interface that transforms any input, structured or unstructured, into any data shape without overhead or configuration.

Engineering teams use bem today to automate onboardings from legacy systems, remove the need for RPA, and create innovative user experiences by transforming thousands of emails and text conversations into application-ready data.

Bem was launched by Antonio Bustamante (previously the founder of Silo) and Upal Saha (an engineering manager at Silo) out of a necessity they experienced while working with supply chain customers at Silo. The supply chain industry, like so many others, depends on a wide variety of data inputs and sources, structured and unstructured, and the technology supporting them needs to be able to ingest and transform this data before it can go about the work of performing its functions.

Antonio and Upal found themselves building this base layer of data transformation, adjusting it, and maintaining it, and realized that engineering teams across industries were facing the same issues, especially as automation was picking up steam.

Bem was launched  to facilitate seamless data exchanges between diverse systems, encompassing both human-operated and computer-based operations, redefining the scope of interoperability and integration.

Bem was designed to reduce the data input timeline by 20-30x by taking over building the bottom layer of any tool – the data integration layer – enabling builders to focus on the actual bulk of their product without worrying about data ingesting. Beyond the base data pipeline, bem invests in R&D to continue expanding capabilities as new forms of data are introduced and fine-tuned automatically using AI, constantly getting better.

KEY QUOTES:

“Engineering teams spend about 44% of their time building and then monitoring and maintaining their data pipelines. At our core, bem is an AI data interface, redefining the scope of interoperability and integration, to save time and frustration for these teams so that they can focus on what truly matters to their product. Our goal is for engineers to not worry about integrations or data ingestion pipelines ever again – we want them to focus on valuable work for their users.” 

  • bem co-founder and CEO Antonio Bustamante

“Bem is revolutionizing the building blocks that developers can use when designing their product. Their work is focused on the future of how machines communicate, regardless of how modern a company’s software is.” 

  • Andy McLoughlin, Managing Partner at Uncork Capital

“We’ve been continuously impressed by how quickly the bem team and product have gone from idea to full implementation. They pay close attention to detail and are quick to show they care about us as a customer. We’re excited as we ramp up the use of their platform to automate many of our manual e-commerce workflows, and are already starting to see real impact.” 

  • Tom Jaklitsch, co-founder and CTO at Order