KOSA AI
Enables organizations across healthcare, hiring and HR, credit and risk, and insurance to build or deploy more inclusive technologies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Seed | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 67 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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KOSA AI operates as a provider of an automated solution to address and mitigate risks associated with artificial intelligence. Founded in 2020 by Layla Li and Sonali Sanghrajka, the company originated in Nairobi and is now headquartered in Amsterdam. The founding duo, who met during an incubator program in Nairobi, share a passion for creating a positive impact through technology. Layla Li, the CEO, and Sonali Sanghrajka, the COO, bring multidisciplinary skills in software development, data science, and business to the company.
The company's core business revolves around its AI governance platform, designed to assist enterprises in detecting, auditing, explaining, and monitoring bias throughout the entire machine learning lifecycle. KOSA AI serves a diverse client base across sectors such as healthcare, hiring and HR, credit and risk assessment, and insurance. Its software is industry-agnostic and provides tools to help organizations build and deploy more inclusive technologies. Revenue is generated through its Software-as-a-Service (SaaS) model, which offers solutions to operationalize responsible AI principles.
KOSA AI's platform is comprised of five main components: a data editor, a compliance checker, a model auditor, a model explainer, and a monitoring tool. This modular software can be integrated with existing data warehousing solutions or used with a simple CSV upload to evaluate and mitigate bias related to age, gender, race, or other custom attributes. The platform automates compliance checks for regulations like GDPR and DSA and provides alerts if deployed models begin to drift or malfunction, allowing developers to address vulnerabilities in a timely manner. By identifying and correcting biases, KOSA AI aims to help businesses uncover missed revenue opportunities, increase efficiency, enhance product development, and reduce litigation risks.
Keywords: AI governance, responsible AI, AI bias detection, machine learning lifecycle, algorithmic auditing, AI risk mitigation, inclusive technology, compliance checker, model auditor, data editor, model monitoring, ethical AI, Layla Li, Sonali Sanghrajka, AI fairness, automated decision-making systems, AI for healthcare, AI for insurance, AI for hiring, explainable AI