
Understand.ai
AI-powered data annotation for autonomous driving systems.
Date | Investors | Amount | Round |
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- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | N/A | Acquisition | |
Total Funding | 000k |







EUR | 2019 | 2021 | 2022 |
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Revenues | 0000 | 0000 | 0000 |
% growth | - | - | 338 % |
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: Company filings or news article
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Understand.ai provides training and validation data for autonomous driving systems to ensure safety and reliability. Founded in 2016 by Philip Kessler and Marc Mengler in Karlsruhe, Germany, the company specializes in producing ground truth data for Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD). It develops AI and web-based tools to automate the process of data analysis and annotation, which is crucial for training and validating the machine learning algorithms used in autonomous vehicles.
The company's core services include image and video annotation, such as semantic segmentation and bounding box annotation, which help AI models identify and classify objects like pedestrians, vehicles, and traffic signs. By leveraging a combination of artificial intelligence and human expertise, Understand.ai accelerates the creation of high-quality data required for computer vision models. This addresses the need for vast quantities of precisely labeled data from sensors like cameras, lidar, and radar to train deep neural networks.
In July 2019, Understand.ai was acquired by dSPACE, a German company specializing in simulation and validation solutions for the automotive and aerospace industries. This acquisition integrated Understand.ai's data annotation capabilities into dSPACE's broader solution suite for developing and testing autonomous systems. As part of the dSPACE group, Understand.ai continues to focus on AI-based and cloud-based solutions to help clients bring autonomous vehicles to market faster. Co-founder Marc Mengler was succeeded as CEO by Jürgen Daunis in July 2021.
Keywords: data annotation, autonomous driving, ADAS, ground truth data, machine learning, computer vision, semantic segmentation, lidar point cloud, AI data services, automotive technology, sensor data, training data, validation data, bounding box annotation, dSPACE, image annotation, AI-driven data, automated annotation, safe mobility, data labeling