- Artificial Intuition company Node — the first turnkey AI-as-a-service platform focused on powering predictable business outcomes — announced that it raised $16 million in a round of funding
Node ― an Artificial Intuition company that is democratizing the world’s most advanced automated machine learning technology — announced it raised $16 million in a round of funding. And the company revealed that its new platform uses cutting edge AI to enable businesses to rapidly deploy and scale product features that allow their customers to drive transformational outcomes across sales, marketing, recruiting, investing, and more.
The Node Artificial Intuition platform leverages advanced deep learning for generating predictions. So when you train it on examples of people and/or companies that represent opportunities for your business like your highest paying customers, Node will recognize the signals that drive those outcomes and recommend new opportunities that you might have otherwise missed.
“What if you had knowledge of the future before it happens? If you knew in advance that customer is likely to churn, that a key employee is likely to leave, or a prospect is likely to turn into your biggest customer all within the context of the applications you use on a daily basis ― that would be a game changer for businesses,” said Node CEO Falon Fatemi. “These are all examples of the dynamic predictions Node can power in third-party applications.”
Node is considered the first turnkey AI-as-a-service platform focused on powering predictable business outcomes, which enterprises can use to quickly and seamlessly build advanced AI into both customer-facing and internal applications without investing years and millions of dollars on risky AI experiments.
And Node has been quietly working with well known category creating companies including Information Builders (Business Intelligence), Yesware (Sales Engagement), Nimble CRM (Contact Management), ConnectAndSell (Sales Acceleration), and Aventri (B2B Events Management) — which are leveraging Node to invent the future of their respective markets.
The technical leadership team behind Node includes Alta Vista creator Louis Monier (known as “The Godfather of Search”) and Chief Product Officer Michael Radovancevich. Radovancevich has spent over decades of experience at companies like Taleo, OpenX, and Oracle.
“I’ve led large organizations through transitions from traditional deterministic approaches to leveraging deep learning. For complex business problems, deep learning wins every time. We are swimming in a torrent of data and we need Artificial Intuition to help us make sense of the changing patterns and signals and move beyond data analysis to true predictions that drive the business outcomes we care about,” added Radovancevich. “The Node platform enables a new era of game-changing AI-first applications that solve the most challenging complex business and consumer problems, connecting people with opportunity faster and at scale.”
The $16 million funding round includes existing investors Mark Cuban, Avalon Ventures, NEA, NewView Capital, GingerBread Capital, Canaan Partners and new investors including JetBlue Technology Ventures, Will Smith’s Dreamers Fund, MS&AD, Wharton Alumni Fund, Plum Alley, and former Google and Microsoft executive James Whittaker. Including this round, Node has raised $36 million total.
“Node is one of the most advanced AI platforms out there. It’s the closest thing we’ve seen to artificial general intelligence,” explained Vik Sasi of Dreamers Fund. “Falon and her team are fundamentally changing the way companies leverage AI and making world-class deep learning technology available to anyone.”
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