Structify raises $4.1M seed to turn unstructured web data into enterprise-ready datasets
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Summary
A data preparation startup called Structify has launched publicly with $4.1m in seed funding from investors including Bain Capital Ventures and 8VC.
The Brooklyn-based AI firm uses its in-house visual language model, called DoRa, to automate the capturing, cleaning and structuring of data, which usually takes up to 80% of a data scientist’s time.
Gartner research suggests inadequate data preparation is a primary obstacle to successful AI implementation, with four of five companies lacking the data foundations to capitalise on Generative AI.
Structify’s platform enables users to create bespoke datasets by specifying the data schema and deploying AI agents to source it.
The “quadruple verification” process offers a mixture of AI and human oversight to ensure accuracy.
Structify plans to use the funding to grow its team and establish itself as the go-to data tool across industries.