weav.ai – a developer of plug-and-play Generative AI solutions for the enterprise – recently announced that it has emerged from stealth with the launch of its Enterprise AI Copilots, a suite of tools that empower businesses to unlock the value of their unstructured and structured data using Generative AI (GenAI). And the company accelerated product development after closing a $5 million seed funding round in November 2022 led by Sierra Ventures.
weav.ai’s AI copilots – Document, Conversation, and Search – provide enterprises everything they need to build production-ready GenAI applications. And weav.ai’s AI copilots include specialized, ready-to-use capabilities and the complete, pre-integrated AI infrastructure stack necessary to deliver those capabilities such as integrations, prompt management, foundation models, vector databases, security, and monitoring.
GenAI apps built using weav.ai’s AI copilots can:
— Extract important data and hidden insights from structured and unstructured documents, including contracts, invoices, financial statements, resumes, knowledge repositories, and emails.
— Search and converse with these documents using natural language to quickly and easily find what users need.
— Summarize the contents of these documents and match documents using criteria defined in natural language.
Weav.ai’s platform is being piloted by some of the largest companies in the world such as a multinational management consulting firm operating in over 40 countries, an F100 pharmaceutical conglomerate with globally distributed teams, and one of the fastest-growing e-commerce platforms in the world. And the company’s copilots enable enterprises to seamlessly infuse GenAI capabilities into their workflows, addressing a wide range of use-cases including: 1.) ensuring contract compliance against policies and criteria defined in natural language, 2.) automate insurance underwriting by extracting relevant insights from application and policy documents 3.) powering enterprise knowledge search to improve employee and customer productivity, 4.) auto-filling user-defined forms using unstructured content, and 5) improving the customer experience by scoring support conversations against playbooks.
Business leaders and leaders of different enterprise functions that choose weav.ai’s Enterprise AI Copilots realize critical technical benefits, including:
— Putting state-of-the-art Generative AI and LLMs such as GPT4 and LLama 2 at their teams’ fingertips in a production-ready state,
— Not having to hire expensive resources and experts to build their Generative AI apps because of weav.ai’s low/no code approach, and
— Rapidly adding GenAI capabilities on top of their existing workflows and IT systems without having to spend months on integration projects
In connection wtih the announcement, weav.ai emerged out of stealth and has opened its platform for beta users and customers. Sign up for a free trial account at weav.ai and experience many of the features and capabilities of the platform.
KEY QUOTES:
“Business leaders are eager to arm and equip their teams with the power of GenAI. However, building production-ready GenAI applications requires a team of experts, often takes months or longer, and can still result in hit-or-miss outcomes.” Rai and his former team at Ciitizen pioneered the development of an unstructured healthcare data platform, bringing a wealth of expertise and knowledge to the foundation of weav.ai.
— Peeyush Rai, CEO & Founder of weav.ai, whose previous venture Ciitizen was acquired by Invitae
“Sierra Ventures proudly led weav.ai’s seed round in 2022 as we have a belief that narrow, deeply trained LLMs will have an impact on enterprise opportunities and efficiencies. Key contributors to enterprise cost and compliance are large unstructured docs, like contracts, legal, and more-and weav has built the first fully integrated Generative AI infrastructure to process unstructured docs at scale.”
— Tim Guleri, Managing Partner at Sierra Ventures
