CrowdSmart is an investing company that uses data analytics to create plans for growing monetary aspects of early-stage start-ups.
The company has diligence as a service platform that uses data to make predictions about which start-ups will yield high return on investment for the investors and entrepreneurs. The technology that powers the platform is called collective intelligence investing, which is a combination of collective intelligence and Bayesian learning. The Bayesian learning becomes more accurate as data of opinions and facts are input, thus improving the artificial intelligence model over time.
Opinions are gathered on the platform through start-up evaluation teams that give feedback about the idea for the start-up. These opinions are valued as data and lead to predictions on the success of the start-up, allowing investors to make educated decisions about where to place their funding.CrowdSmart also uses natural language processing technology to understand the opinions of the evaluation team and make accurate forecasts for investors.
Head of Investments
Tom Kehler, PhD
Documentaries, videos and podcasts
Reinventing The VC Business (Kim Polese & David Rowan) | DLD 19
January 21, 2019