simMachines

simMachines is a company that specializes in Explainable Artificial Intelligence and Machine Learning, with a focus on high-impact marketing, fraud, and identity applications. The company's slogan succinctly encapsulates its purpose - to create AI and machine learning solutions that are easily understandable and explainable. Founded in 2012, simMachines has since emerged as a leader in explainable AI and machine learning technology. The company's offerings are designed to empower data scientists, marketers, analysts, and business leaders, enabling them to achieve significant gains in efficiency, performance, and innovation. Notably, simMachines provides inherently actionable insights that are delivered with transparency and trust behind every prediction, setting it apart in the industry. In an important development, simMachines was acquired by InRule Technology in June 2021, marking a significant milestone in the company's trajectory. This move signals potential synergies and expanded opportunities within the AI and machine learning space. The company's last investment, a $7.40M Series A round, occurred on 24 September 2018, showcasing investor confidence and financial backing for simMachines' innovative approach. While details about the specific investors in this round are not provided, this investment signifies external validation of the company's vision and potential for growth. Overall, simMachines' focus on explainable AI and machine learning, coupled with its recent acquisition and past investment, positions it as a noteworthy player in the Analytics and Marketing industries, with potential for continued impact and expansion. For more information on simMachines, visit www.simmachines.com.