Scale AI

Scale AI

An artificial intelligence company making an API for validating and training data for applications.

Scale AI is an artificial intelligence company making an API for validating and training data for applications that is headquartered in San Francisco, California and was founded in 2016 by Alexander Wang. Their API includes the following data features: Sensor Fusion (annotation for LIDAR/RADAR/camera data), semantic segmentation, 2D boxes/polygons, video, 3D cuboids, lines & splines, keypoints, and data categorization.

Funding

Seed

On August 22, 2016 Scale AI completed their seed funding round with $120,000 in seed funding from Y Combinator.

Series A

On May 23, 2017 Scale AI completed their series A funding round with $4.5 million in funding from Accel (lead investor), Y Combinator, Arena Ventures, Nat Friedman, Ilya Sukhar, Guillermo Rauch, Greg Brockman, and Charlie Cheever.

Series B

On August 7, 2018 Scale AI completed their series B funding round with $18 million in funding from Index Ventures (lead investor), Y Combinator, Accel, Justin Kan, and Drew Houston.

Series C

On August 5, 2019 Scale AI completed their series C funding round with $100 million in funding from Founder Fund (lead investor), Thrive Capital, Spark Capital, Index Ventures, Coatue Management, Accel, Mike Krieger, Kevin Systrom, and Adam D'Angelo.

Timeline

May 22, 2020

Scale AI releases free lidar dataset to power self-driving car development.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Scale AI Series C round
100,000,000
August 2019
2 Results
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People

Name
Role
LinkedIn

Albert Ni

Investor

Alexandr Wang

Founder

Atra Kermani

Employee

Chan Kwon

Employee

Charlie Cheever

Investor

Daniel Levine

Investor

David Kinsella

Employee

Erik Torenberg

Investor

Greg Brockman

Investor

Guido Leandro Maliandi

Employee

Guillermo Rauch

Investor

Ilya Sukhar

Investor

Jeff Arnold

Investor

Jessica McKellar

Investor

Jonathan Swanson

Investor

Liz Wessel

Investor

Monica Bretón

Employee

Nat Friedman

Investor

Nathaniel Herman

Employee

Richard Ni

Employee

Ross Boucher

Investor

Steven Salka

Employee

Suehee Lee

Employee

Tim Abbott

Investor

Viktoriya Pavlenko

Employee

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Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
June 8, 2020
WebWire
Award-winning Business Coach George Zenon's new book, "Small Changes, Huge Results; How Successful Businesses Grow, Scale and Thrive" hit the Amazon Best Seller lists in Australia, featuring on the Hot New Release lists in the USA, UK and Germany. Launched on 4 June, the book, "Small Changes, Huge Results; How Successful Businesses Grow, Scale and Thrive," shares the tools and strategies to help business owners and entrepreneurs to grow and scale a successful business. "Small Chan...
June 5, 2020
WebWire
Award-winning Business Coach George Zenon's new book, "Small Changes, Huge Results; How Successful Businesses Grow, Scale and Thrive" is now an Amazon Best Seller in Australia in Business & Investing, and a Hot New Release in the United States, with sales also in the United Kingom and Germany., , , , Launched on 4 June, the book, "Small Changes, Huge Results; How Successful Businesses Grow, Scale and Thrive," shares the tools and strategies to help business owners and entrepreneurs to grow...
Isabelle Kirkwood
May 29, 2020
BetaKit
Scale AI is investing $10 million to support the creation of at least ten university chairs dedicated to AI across the country.
Kirsten Korosec
May 22, 2020
TechCrunch
High quality data is the fuel that powers AI algorithms. Without a continual flow of labeled data, bottlenecks can occur and the algorithm will slowly get worse and add risk to the system. It's why labeled data is so critical for companies like Zoox, Cruise and Waymo, which use it to train machine learning models [...]
Isabelle Kirkwood
May 6, 2020
BetaKit
Quebec-based Supercluster Scale AI has invested $3.4 million into eight projects that have passed all the stages of analysis and approval.
January 16, 2020
IT Business
Montreal-based Plotly Technologies on Tuesday announced it had received a $1.7 million contribution from Scale AI, the innovation supercluster investing in the development of artificial intelligence (AI) and supply chain technology in Canada.
Meagan Simpson
January 15, 2020
BetaKit
Scale AI has publicly invested more than $32 million to date into 14 projects, with the hopes of accelerating the adoption of artificial intelligence (AI)

References

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