Kiva AI: $7 Million (Seed) Closed To Deliver Compliant Data Solutions For Developing Specialized AI Applications

By Amit Chowdhry ● Oct 10, 2024

Kiva AI, a platform designed for delivering high-quality and compliant data solutions at scale for developing specialized AI applications in industries like healthcare, finance, and law, has announced the close of a $7 million seed round led by CoinFund. And additional investors include Protagonist, Hashkey, Peer VC, and entrepreneurs such as Bill Tai, Slava Rubin, Cyrus Massoumi, Brian Norgord, and Jack Herrick.

This funding will support Kiva AI’s expansion of its global network of human experts and the continued development of advanced solutions for data annotation, preprocessing, and integration.

With AI development increasingly pushes into complex, regulated fields, the need for high-quality, reliable data has already outpaced a sparse supply. And Kiva AI’s platform integrates human expertise and advanced AI technologies to ensure that data labeling, preprocessing, and governance are handled with precision and efficiency.

By simplifying complex data creation and management processes, Kiva AI enables organizations to focus on innovation while ensuring that their AI models are supported by accurate and compliant data.

Kiva AI advances AI performance by leveraging a global network of experts to label data sets within their domain-specific expertise. And this is critical in applications requiring specialized knowledge, such as medical diagnostics or legal document analysis.

For example, a rural health clinic developing an AI model to triage patient scans can rely on Kiva AI’s experts to accurately label cases, ensuring their model supports prioritizing the most urgent patients first. And a developer building a legal assistant to digest large volumes of court briefings and legislation by state will benefit from Kiva AI’s network, which matches the project with domain-specific experts who can guarantee high-quality, timely data labeling for optimizing model performance.

With this funding, Kiva AI will expand its global network of human experts and continue developing its platform to meet the growing demand for specialized data solutions in AI. Kiva AI is hiring engineers who are passionate about the intersection of AI and human life.

KEY QUOTES:

“Kiva AI is more than a data management platform — it’s about providing AI builders with the critical support they need to unlock new possibilities in their models. Our platform brings together global experts to manage and optimize data workflows, ensuring accuracy and compliance in even the most complex applications.”

-Ahmed Rashad, Founder & CEO of Kiva AI

“The improving, accelerating efficacy and usability of AI is undeniable, but we are still far from unlocking the technology’s potential at the frontiers of mathematics, physics, medicine and more. As the more easily-accessible sources of data for AI training and inference dry up, we believe that platforms like Kiva AI will become increasingly valuable to a growing list of businesses that are looking to compete effectively at the cutting edge.”

-Evan Feng, Partner, CoinFund

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