Artificial Intelligence: Signal AI, Which Sifts Through The Web For Data Insights, Raises $50M
Signal AI’s AIQ “Decision Augmentation” tool serves up vital and relevant data for informed decision-making.
Signal AI specializes in delivering knowledge to decision makers that can help them understand the risks and opportunities associated with their business. Signal AI’s decision augmentation solution is able to understand the unique decision context; its AIQ component identifies and maps relationships between the companies, people, products, and topics that matter to the decision makers. (TechCrunch)
Signal AI and its AIQ
AIQ, or an AI and human feedback loop (pictured above) learns and understands the decision-making scenario, and then trawls the world and its data to extract relevant information that will deliver additional insights for sharpening the decision process.
For gleaning information from the massive data sources available to it, AIQ applies the Signal SaaS interface, along with real-time alerts, interactive dashboards and a suite of APIs.
According to the company, its solution extracts knowledge from over 5 million news, blog, broadcast and regulatory documents each day.
Over time, Signal AI learns what information is required and where to find it, making it easier and quicker to reach decisions.
Examples of natural language questions posed by Signal AI customers:
- Is this company a reliable ESG investment?
- What patents have my rivals published?
- Tax updates I should know about
- Is that industry rumor backed up?
- Any controversies brewing with my supplier?
Signal AI’s Series D raise
The company is closing on a $50 million Series D round to be led by Highland Europe, with new backer abrdn plus previous backers Redline, MMC, and strategic backers Hearst and Guardian Media Group Ventures also participating.
The company’s valuation is undisclosed.
However, it has cumulatively raised $100 million.
Related Story: Scale AI Scores $325M Series E Round At A $7.3B Valuation
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