MyDataModels, a French startup that offers companies a turnkey solution to implement artificial intelligence data analysis without machine learning skills, announces a €2.5 million seed round led by Speedinvest, with participation from Region Sud Investissement and existing investors Earlybird Venture Capital. The new financing will enable MyDataModels to expand into new international markets, strengthen its workforce, and make it easier for corporations and SMEs across the continent to make strategic, data-based decisions.
Founded in 2018 by Alain Blancquart and Denis Bastiment, MyDataModels makes artificial intelligence accessible via its innovative TADA platform. Using predictive analytics based on advanced machine learning technology, TADA turns even small data sets into accurate, actionable analysis, enabling companies of all sizes to make data-based decisions and optimize their businesses. MyDataModels currently supports major French companies in the health and industrial sectors, including Sanofi and Thales, but will expand its offering to corporations and SMEs across Europe and beyond.
While continuing to strengthen its strong foothold in France, MyDataModels will use the new funding to enter additional markets, expand its workforce, and introduce AI-powered, predictive analytics to more small and mid-size companies across a variety of industries.