Alectio

Alectio

The DataPrepOps Company (TM).

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
investor investor investor

€0.0

round
investor

€0.0

round

$2.6m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-42 %-
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about Alectio
Made with AI
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Alectio is a pioneering company in the field of artificial intelligence (AI) and machine learning (ML), offering the first full-stack, end-to-end Data Prep Ops platform. This platform is designed to help ML teams prepare, curate, annotate, manage, version, and visualize their training data. Essentially, Alectio's technology identifies the most useful data for AI models, which enhances model performance while reducing the cost and time required for training.

The company primarily serves businesses and organizations that rely on machine learning for their operations. This includes sectors like technology, healthcare, finance, and any industry where data-driven decision-making is crucial. Alectio operates in the rapidly growing AI and ML market, which is becoming increasingly important as more companies look to leverage data for competitive advantage.

Alectio's business model revolves around providing a subscription-based service for its platform. Clients pay for access to the tools and features that help them optimize their data preparation processes. This model ensures a steady revenue stream while offering clients the flexibility to scale their usage based on their needs.

The company makes money by charging for its platform's usage, which includes various features such as data curation, annotation, and visualization. By helping clients reduce the time and cost associated with data preparation, Alectio adds significant value, making its service a worthwhile investment for businesses looking to improve their AI models' efficiency and effectiveness.

In summary, Alectio is a specialized company that offers a unique solution to a common problem in the AI and ML industry: the time-consuming and costly process of preparing training data. By focusing on data optimization, Alectio helps businesses enhance their AI capabilities more efficiently.

Keywords: Data Prep Ops, AI, ML, data curation, annotation, visualization, model performance, cost reduction, subscription service, technology.

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