1498: Startup Story - 30-Year Old Entrepreneur Raises $15 million - a podcast by Neil C. Hughes

from 2021-02-14T00:00

:: ::

Artificial intelligence (AI) is one of the most critical mega-trends in business in recent years. It streamlines transactions for higher productivity and automation of routine tasks such as production lines, banking, insurance companies, and so on.

Founded in 2018, BeyondMinds has built the first enterprise AI solution that is universally applicable and easily adaptable. The company delivers hyper-customized, production-ready AI systems that enable companies to overcome the massive failure rate in AI adoption and rapidly implement ROI-positive transformations.

The company has more than 70 employees, with the majority being AI technologists. They have offices in New York, Tel-Aviv and London. Clients include Fortune 1000 companies, including Microsoft, Samsung, KPMG, and numerous leading defense companies and financial institutions.

Most recently, the company raised $15 million series A funding, co-led by leading Israeli venture capital fund Grove Ventures and private investor Marius Nacht.

Rotem Alaluf is the Co-Founder and CEO of BeyondMinds. He shares how they have built the first enterprise AI system that is universally applicable and easily adaptable. Alaluf is passionate about creating more stable and accurate ways of bringing AI to production, ultimately accelerating the adoption of AI in ways that we see and feel in the real world.

Prior to founding BeyondMinds, Rotem worked in the defense technology industry as a researcher in a variety of fields, including optimization, natural language processing (NLP), and vulnerabilities of AI systems. Rotem has a B.S. in both electrical engineering and physics from Israel’s respected Technion, the Israel Institute of Technology.

Further episodes of The Tech Talks Daily Podcast

Further podcasts by Neil C. Hughes

Website of Neil C. Hughes