PI.EXCHANGE has closed a successful pre-Series A funding round of USD $2 million! Joining the existing investors in the raise were new ones that include Boab AI, Artesian, Nextrans, and Vision Creator.
We are excited to grow within the APAC and ASEAN regions, and this funding round will take us where we want to go. It will support us in building up our BD, sales, marketing, and delivery workflow, enabling us to pursue more opportunities with SMBs and SMEs of various industries in those regions. Not to mention, our self-serve AIaaS offering will also be a top focus for us, where we intend to strengthen and solidify the offering.
"Since meeting Quan and the PI.EXCHANGE team, I have been deeply impressed not only by their comprehensive product solution but also their significant traction in the market in a short period of time. With the additional growth capital and support from this fundraising round, I have no doubt PI.EXCHANGE will continue to punch above its weight and become an international champion in AI-driven data analytics."
- Andrew Lai, Managing Director of Boab AI
PI.EXCHANGE empowers businesses to build high-performance ML applications in minutes, to solve real-world problems. Our AI & Analytics Engine provides them with this ability to do so, without the need for a dedicated data science team, nor any expensive AI infrastructure. Essentially, anyone, even novice users, can leverage the power of AI/ML with PI.EXCHANGE.
"AI and ML professionals are scarce while existing AutoML services are still expensive to adopt. PI.EXCHANGE is the only solution which democratises this technology by making AutoML available to all enterprises of all sizes, even those without a dedicated AI and ML team."
- Chris Seungho Chae, Director & Partner of Nextrans VC
We aim to make AI truly accessible for everyone, and this funding will go a long way towards helping us reach that goal.
