NuMind Raises $3M in Seed Funding

NuMind

NuMind, a Paris, France and Cambridge, Massachusetts-based provider of a platform that allows B2B and B2C customers to create custom NLP models, raised $3M in Seed funding.

The round was led by Flybridge. with participation from big_bets, Carya Ventures, the Pioneer Fund, Velocity Ventures, France-based Sharpstone Capital as well as Y Combinator.

The company intends to use the funds to accelerate growth and expand operations.

Led by Etienne Bernard and Samuel Bernard, NuMind provides a platform that allows B2B and B2C customers to create custom NLP models powered by large language models (LLMs). Using large language models and its proprietary “Interactive AI Development” learning paradigm, the solution allows all companies – even those with no expertise – to quickly create machine learning models to perform such tasks as analyzing sentiment, detecting topics, moderating content, and creating chatbots.

NuMind’s initial customers are developing custom models for medical coding, legal report review, user feedback analysis, and matching resumes with job postings for a recruitment firm.

FinSMEs

30/03/2023