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DataRobot
Artificial Intelligence
DataRobot is a Boston-based enterprise AI platform that helps organizations build, deploy, and manage machine learning models for business applications.
$561M
-$0.25
9.26%
30 days ago
$2.69
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DataRobot was founded in 2012 by Jeremy Achin and Tom de Godoy, entering the "automated machine learning" category based on the observation that building effective machine learning models had historically required scarce, specialized data science expertise, motivating the company to build software that automates much of the technical model-building process, letting a broader range of users, including those without deep data science training, develop and deploy predictive models for business applications. DataRobot's platform has expanded considerably beyond its original automated machine learning core into a broader enterprise AI platform covering the full lifecycle of building, deploying, monitoring, and governing machine learning and, increasingly, generative AI models within large organizations, addressing enterprise concerns around model accuracy, bias, and regulatory compliance that have grown more prominent as AI has moved from experimental pilot projects into production systems affecting real business decisions and customers. The company has navigated an intensely competitive enterprise AI platform market that includes both dedicated AI platform vendors and increasingly capable AI and machine learning tools built directly into major cloud providers' own platforms, a competitive dynamic that has affected the growth trajectories of several dedicated enterprise AI platform vendors as cloud providers have expanded their own native offerings. DataRobot has raised substantial venture funding from investors including Sapphire Ventures and NEA, reaching a valuation exceeding $6.3 billion at its peak, competing with Dataiku and cloud providers' own machine learning platforms.
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