5 min
Mate Labs a machine learning and AI startup based out of Bengaluru has raised its seed funding worth $550,000. The seed round was led by Omphalos Ventures India LLP. Others investors that participated in the seed round were Eagle 10 Ventures, 91Springboard, Deepak Sharma (ex-Chairman of CITI Bank), Khattar Holding, Sumit Sinha and Tejan Timblo (Co-founder at Docuvity) among others according to the statement released by MateLabs.
The Bengaluru based startup was also featured in a podcast with Analytics India Magazine was accelerated by Zeroth a Hong Kong based AI/ML accelerator. Mate Labs has developed fully automated systems that help non-technical and non-developer professionals to build a machine learning system without a line of code. Their current focus is on startups and SMEs to help them create machine learning products easily. According to the Mate Labs statement says, “Guiding the user step-by-step through the simple process (using a few API calls) to train and deploy a model, anyone can scale the BI and Analytics department though the platform, without the burden of demands unmet.”
Mate Labs was founded by Rahul Vishwakarma and Kailash Ahirwar in 2015. The team has considerable experience in machine learning and AI technologies. Rahul Vishwakarma said in a statement shared with us, “We observed that large enterprises around the world were building platforms for developers, and no one considered building something for the non-developers to easily integrate into their business models. Mate Labs took up the task of creating something so easy to use, that there isn't a need to code.”
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