Unsilo
Collaborative search and discovery platform that helps to see patterns across science and innovation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 36 % | (2 %) | (1 %) | (22 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | 18 % | 14 % | 16 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (18 %) | (24 %) | (22 %) | (22 %) | (4 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Established in 2012, Unsilo is a Denmark-based software company specializing in automated text intelligence solutions. The company was founded by Thomas Laursen and Mads Rydahl. Rydahl brought significant experience to the venture, having previously headed product design at Siri before its acquisition by Apple. Unsilo's core business revolves around providing artificial intelligence and natural language processing tools to clients, primarily in the academic publishing sector, but also serving law firms and intellectual property agents. The company's business model focuses on delivering AI-powered services that help these clients analyze large volumes of text, improve content discovery, and streamline workflows.
Unsilo developed a suite of products to address specific client needs within the publishing ecosystem. Its 'Classify' tool enables publishers to package and sell content in new ways, 'Recommend' aids in the discovery of relevant research, and 'Evaluate' helps to increase the capacity of journal editorial offices. These tools utilize a combination of machine learning and natural language processing to extract key semantic concepts from documents without relying on existing metadata. This allows for the identification of connections between documents and the prediction of a new manuscript's usefulness. The company partnered with major industry players such as Wiley, Clarivate Analytics, and Taylor & Francis.
In January 2020, Unsilo was acquired by Cactus Communications, a global scientific communications company, for a reported $800,000. The acquisition was a strategic move for Cactus to enhance its AI and machine learning capabilities and to accelerate the development of products for the publishing and pharmaceutical industries. Following the acquisition, Unsilo's technology was integrated into Cactus's offerings, and the Danish office was established as the hub for Cactus Labs, the company's R&D cell. The Unsilo brand name has been retained for all of Cactus's publisher-facing technology products and solutions.
Keywords: text intelligence, academic publishing, natural language processing, machine learning, content enrichment, scholarly publishing, AI tools, data science, text analytics, manuscript evaluation