Private AI

company

About

Private AI develops privacy-preserving machine learning and natural language processing tools making privacy and GDPR compliance reliable.

Details

Last Funding Type
Series A
Last Funding Money Raised
$10.70M
Industries
Artificial Intelligence,Cloud Data Services,Cloud Security,Cyber Security,Machine Learning,Natural Language Processing,Security,Software
Founded date
May 1, 2019
Number Of Employee
11 - 50
Operating Status
Active

Private AI is developing privacy-preserving machine learning and natural language processing tools. We envision a future in which private, secure, and seamless data analysis enhances creative software development.

Our technology is the best in the world at finding, redacting, and generating synthetic PII within semi- and unstructured datasets. We hit 99.5%+ accuracy in 47+ languages across 50+ different entity types, and deploy as a Docker container within our partners' existing infrastructure so that their data never leaves their environment and is never shared with us. Ever.

Try the web demo here: http://demo.private-ai.com/

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$10.70M $3.45M
Private AI has raised a total of $10.70M $3.45M in funding over 2 rounds. Their latest funding was raised on Nov 17, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 17, 2022 Series A $10.70M 8 BDC Venture Capital Detail
Sep 15, 2021 Seed $3.15M 2 Forum Ventures
M12 - Microsoft's Venture Fund
Detail
Jan 1, 2021 Non-Equity Assistant 1 Detail
Jun 30, 2020 Pre-seed $300K 2 Detail

Investors

Number of Lead Investors
Number of Investors
3
9
Private AI is funded by 9 investors. BDC Venture Capital and Differential Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
BDC Venture Capital Yes Series A
Differential Ventures Series A
Forum Ventures Series A
GIT1K Series A
M12 - Microsoft's Venture Fund Series A
Panda Angel Partners Series A
Parliament Angels Series A
Shasta Ventures Series A
Creative Destruction Lab (CDL) Non-Equity Assistant

Employee Profiles

Number of Employee Profiles
6
Private AI has 6 current employee profiles, including Board observer Nick Adams
Board observer
Advisor
Executive
Executive
Executive