Home Startups AI analytics company AiSensum receives seed funding from 500 Startups

AI analytics company AiSensum receives seed funding from 500 Startups

Posted on

- Advertisement -

Indonesian startup, AiSensum, announced that it has received seed funding of an undisclosed amount from 500 Startups.

Launched in February 2018 and with offices in Jakarta, Singapore, and Bangalore, this Indonesian startup uses Artificial Intelligence (AI) to help companies create analytics reports that help decision makers understand their business and make data-driven decisions. At the same time, these big data can be used to generate additional revenue streams through their Data Monetisation Partnerships.

The startup uses its AI platform OctoPi, running on NLG (Natural Language Generation), to mine and analyze the different data points. The AI algorithms will then generate insights based on the data assets in addition to providing advanced analytics, then shares the results through dashboards. Meaningful insights such as market share, trends, price elasticity, customer segmentation, and other others will be made available through these dashboards.

The startup believes that there are critical information gaps across industries, and the traditional way of conducting surveys to gather insights has become inefficient. It leverages on several partnerships, opening up information to the data assets of e-commerce, telecommunications, pharmaceuticals, and finance sectors in Southeast Asia and its platform analyses over 45 million transactions for these customers.

Felicia Calle
Felicia Calle
Australia | Felicia's fascination with tech began in the 90s, and she loves to update readers on the best tech deals on the internet. When she’s not writing, you’ll find her travelling around the world.

FEATURED READ

How Can You Use Quizzes to Generate Leads? – INTERACT

The state of digital marketing is always changing. Therefore marketers have to keep up with the pressure of adapting when necessary. Digital marketers are...

 Submit a Story

Do you have a story to share? We will help you inspire, connect, and celebrate with our thoughtfully vibrant community. Click here to find out more!

 Latest Stories

In brief: Artist illustrates how superheroes will look when they retire

Eddie Liu, an artist, based in Shanghai, has created a short yet beautiful series that imagines how a few of our...

Singapore’s BandLab Technologies to acquire British music publications NME and Uncut

Singapore's music tech company, BandLab Technologies, has announced its acquisition of NME and Uncut from London-based TI Media. This is a...

Google I/O features Singapore startup, BandLab

Amidst the excitement arising from the announcement at Google I/O conference last week, Singapore startup, BandLab, was featured in two of...

Philippine conglomerate JG Summit to invest US$50M in Southeast Asian startups

In its bid to grow the startup ecosystem in the region, JG Summit Holdings Inc, one of the largest listed conglomerates...

How to write better headlines [Infographic]

Writing good content is one thing, but it’s another to get that content read and ranked on search. As a content...