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Turing Labs
AI-driven product development platform
- 21-100 employees
- B2B
- Artificial Intelligence
- Design
- Market research
- SaaS
- Product Management
- Consumer Goods
- Midtown South, New York, NY
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Company mission
Turing Labs' mission is to cease countless iterations, and help get products right the first time.
Our take
Reformulation and innovation are key in R&D processes when creating consumer-packed goods (CPG), but the iterative process can be time-consuming. R&D workers must aggregate market data, analyze it, and conduct a series of iterative trial-and-error product reformulations, often unsuccessfully and thus resulting in further iterations.
Turing Labs provides an AI-driven R&D platform for CPGs, helping companies to innovate and develop their products to compete in market segments at high speed. The platform achieves this through building an actionable knowledge base from company and market data, visualizing theoretical products through market benchmarks, and ultimately leveraging AI to test innovations and reformulations in minutes.
Whilst critics argue that AI is not yet capable of emulating the iterative process of R&D, Turing Labs recognizes this, providing its technology for human-interrupted AI processes to augment the capabilities of R&D teams, instead of claiming to automate it. The company has received substantial funding that will help accelerate R&D and widen operations into the future, with a focus on its software's potential to solve reformulation challenges that would be difficult for humans to achieve due to the mass of data involved.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Remote options and work-from-home stipend
- Medical, dental, and vision package
- A monthly health & wellness stipend
- Weekly virtual social events and annual company retreats
- An opportunity to take a crucial, early role in an exciting, rapidly growing startup
- You’ll work with a smart, no-ego team
Company values
- Challenging status quo - We think differently.
- Innovation - We can’t innovate without innovative people and processes.
- Respect - Every individual matters. Our open-door policy means founders are just a phone call away.
- Work-Life Balance - We work hard but know family is also important. Inner peace = better work. We equally value work, play, and family/friends that bring joy.
- Ownership - We own our work and get things done, knowing we’re all striving toward a mission-critical objective.
Funding (last 2 of 3 rounds)
Jan 2022
$16.5m
SERIES A
Jul 2020
$1.8m
SEED
Total funding: $18.4m
This company has top investors
Leadership
Manmit Shrimali
(CEO)Experience as Manager of Insights and Analytics for Empathica. CEO of Dextro Analytics Inc. from 2015 to 2019.
Ajith Govind
(CPO)Experience as Regional Manager for the North American branch of Bayesian Networks and Causality. Co-founder of Dextro Analytics Inc. from 2015 to 2019.