Carbon Arc offers a marketplace for buying and selling licensed, real world transaction data to power LLMs and enterprise applications
1 min read
Summary
A new startup called Carbon Arc has emerged from stealth mode, after raising $55m in a recent funding round.
Carbon Arc’s platform provides a marketplace for companies to buy and sell data, making it available on demand via a consumption-based pricing model that allows businesses to pay only for the insights they use.
Its standardisation of private datasets and availability on demand could prove to be a useful remedy to the current data market, which often sees companies paying for information they don’t need, and data being locked away rather than driving insights and innovation.
The platform’s easy-to-use interface features customisable filters, interactive data dashboards, and graph-based relationship mapping, and its flexible pricing models are aimed at freeing up companies’ data to improve decision-making.