Adam Wenchel, former VP of AI & data innovation at Capital One, founded Arthur AI to help companies maintain the long term performance of their AI stacks.
As AI continues to surge, with an expected market value of nearly $300 billion by 2027, one of the biggest challenges it faces is in the area of performance monitoring and risk control. While machine learning is designed to take care of itself, it’s important to have fail safes to make sure it’s doing its job right.
The company’s growth has been quick, with a 300% revenue increase in 2020. Thanks to a 2022 $42 million Series B investment led by Index Ventures, Acrew and Plexo Capital, they look on course to meet the growing demand for AI monitoring solutions. This round was in fact the largest investment ever (at the time) into a machine-learning observation platform.
The key to Arthur’s continued success may well be the speed at which the bigger players enter the area, with Amazon Web Services recently announcing a similar tool by the name of SageMaker Clarify.
Steph
Company Specialist at Welcome to the Jungle