Profet AI
Launch your Digital Intelligence initiatives within a week.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
* | $5.6m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 214 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Established in 2018, Profet AI is a Taipei-based software company specializing in artificial intelligence and machine learning solutions for the manufacturing sector. The company was founded by Jerry Huang (CEO), Foster Lin (CTO), and Max Chen (Chief R&D Officer), a team of professionals who transitioned from corporate careers in global software companies like IBM and SAP to entrepreneurship. Their collective experience, spanning over two decades in the tech and manufacturing industries, identified a gap between the AI solutions available in the mainstream market and the specific needs of manufacturers in Greater China.
Profet AI's core business revolves around its end-to-end, no-code AutoML (Automated Machine Learning) platform. This platform acts as a 'virtual data scientist,' enabling domain experts and IT professionals within manufacturing companies to build, deploy, and manage high-quality predictive AI models without needing to write code. The business model focuses on providing these software solutions, which can be deployed both on-premise and on the cloud, to a global clientele. The company serves a diverse range of manufacturing industries, including semiconductors, electronics, printed circuit boards (PCBs), chemicals, and textiles. Its client base features prominent companies like ASE Inc., Qisda Corporation, and AUO Optronics.
The company offers two primary products: the "AutoML Platform" and "Ready To Go Applications." The AutoML platform is the foundational product that allows users to generate predictive models for various use cases. The "Ready To Go Applications" are a library of pre-built, industry-specific AI applications that can be quickly deployed to address common manufacturing challenges, with the company claiming implementation can occur within a week. In early 2023, Profet AI announced a successful Series A funding round, raising US$5.6 million. This capital infusion, led by Darwin Ventures, is intended to fuel overseas expansion in Japan and Southeast Asia, enhance product development, and recruit new talent.
Keywords: manufacturing AI, AutoML platform, no-code AI, predictive modeling, virtual data scientist, industrial AI, supply chain optimization, enterprise software, digital transformation, machine learning