Cardinality.ai, a Gaithersburg, MD-based government-technology focused AI SaaS solution provider, raised $12.5M in Series B funding.
The round was led by Boathouse Capital. In addition to the investment, Boathouse joined Cardinality’s Board of Directors and will offer significant strategic value in go-to-market acceleration and future M&A support.
The company intends to use the funds for accelerating innovation and expanding go-to-market efforts of our built-for-government AI SaaS solutions personalizing citizen outcomes.
Founded in 2017 and led by CEO Thiag Loganathan, Cardinality.ai is a data technology company helping government agencies achieve outcomes using Artificial Intelligence (AI) SaaS Solutions. Its suite of solutions was built specifically for workforce, health, and human services agencies leveraging the AI Case Management, and Personalized Integrated Citizen Services (PICS) Low-Code platform, so that agencies can modernize existing systems faster than other low-code platforms and than custom or unproven solutions.
Since its SaaS product launch in 2020, Cardinality.ai has experienced significant national demand and today has earned five states as clients, across eleven agencies.
FinSMEs
14/03/2023