Mostly AI

In 2017, three visionary data scientists, Michael Platzer, Klaudius Kalcher, and Roland Boubela, founded Mostly AI in Vienna, Austria. Their mission was to revolutionize the way businesses handle data privacy by creating synthetic data that mirrors real-world data without compromising individual privacy. This innovation was crucial for industries like finance and healthcare, where data privacy is paramount.

Mostly AI's technology allows companies to generate synthetic datasets that are statistically representative of real data, enabling them to conduct analysis and testing without exposing sensitive information. This approach not only enhances privacy but also accelerates data-driven innovation by providing a safe environment for experimentation.

In its journey, Mostly AI attracted significant attention from investors, culminating in a series of funding rounds that raised a total of $31 million. This financial backing enabled the company to expand its operations and refine its technology, solidifying its position as a leader in the synthetic data space.

As data privacy concerns continue to grow globally, Mostly AI's solutions are increasingly in demand. The company's commitment to privacy-preserving technology positions it at the forefront of a critical industry trend, making it a key player in the future of data management.