Jarvis ML, revealed on 21st April 2022 that it has raised US $16 million in a seed round sponsored by Dell Technologies Capital.
Jarvis ML will use the fresh funds to expand its R&D, sales, and marketing teams to “accelerate product development and market penetration.”
What the founder has to say:
“Property managers are unable to scale due to data turmoil. They have a lot of data scattered across many platforms, such as CRM, PMS, marketing clouds, and intelligent devices, and they have no idea how to use it. They are unaware of how much gold can be found in the data they already have.
Within a few days, Jarvis ML links all of the databases and begins personalizing booking journeys for every guest on websites and through marketing messages.
The pandemic has hastened the transition in internet consumer purchasing tendencies.That also means that online suggestion methods are mission-critical for businesses to adapt to the new customer mindset. Big tech corporations like Amazon, Airbnb, Google, and Facebook employ machine learning to delight customers while limiting the independence of growth-stage and mid-market businesses, which are consigned to supplier or fulfillment positions in the giant tech ecosystems. Jarvis ML allows these businesses to take advantage of data they currently have to lessen their reliance on tech behemoths while scaling sustainably.”
What investors have to say:
Daniel Docter, manager director of Dell Technologies Capital:
“To succeed, any firm, regardless of stage or sector, will need to be data-driven at its core. Rakesh has an unquenchable desire to assist businesses in meeting this demand. What he and his Jarvis ML team have accomplished in less than a year is remarkable but not surprising. Rakesh practically authored the book on applying world-class machine learning to solving commercial challenges.”
About Jarvis ML:
Jarvis ML is a SaaS end-to-end machine learning platform led by Rakesh Yadav, Founder & CEO, allowing enterprises to deploy a revenue-generating intelligence engine to their businesses and products in minutes. Jarvis ML will enable merchants and service providers to tailor consumer experiences across all brand touchpoints, both online and offline, resulting in more revenue and lower operational and marketing costs.
The company presently employs 21 employees, hoping to grow to more than 40 by the end of the year.
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