CModel Data, Inc., a Birmingham, Alabama-based developer of a data modeling and business intelligence tool, received an investment of undisclosed amount from Alabama Futures Fund.
In connection with the investment from AFF, CModel and its CEO, Teasha Cable, will relocate the headquarters to Birmingham, Alabama. The company was formerly based in San Francisco, California.
CModel is developing CORA, a cloud-based data modeling and business intelligence software platform that utilizes artificial intelligence (“AI”) to apply native, curated data and client-generated data to perform business strategy simulations. The platform allows business managers to determine the actions required to achieve specific business outcomes.
CORA utilizes historical client-generated data, generative AI and input from human experts, including curated data from a collection of best practices provided by industry experts in business management. Users interact with CORA through a typed prompt interface. Once a prompt is entered, CORA asks a series of questions of the user that start as generalized, high-level questions with multiple-choice answers and then drill down into more granular inquiries. Based on the answers provided by the user, CORA will then run simulations to illustrate what business conditions need to be met to achieve the desired outcomes.
FinSMEs
01/11/2023