CRV led a seed financing round for Cord Technologies to support team expansion and platform development.
Cord Technologies provides an algorithmic annotation platform that automates training data creation for artificial intelligence applications. The company focuses on computer vision to help enterprises streamline data preparation while retaining full control over security and privacy.
Cord Technologies has secured £3.2m in seed funding to expand its team and accelerate product development. The investment round was led by CRV, with participation from the Y Combinator Continuity Fund, WndrCo, Crane Venture Partners, Harvard Management Company, and Intercom. The capital will enable the firm to further develop its algorithmic data labelling platform and scale operations across multiple sectors including healthcare and autonomous vehicles.
Use of funds
- 01Grow the team
- 02Continue product development
Investors
CRV
Y Combinator Continuity Fund
WndrCo
Crane Venture Partners
Harvard Management Company
Intercom
Categories
About the company
Cord Technologies
Cord Technologies automates training data preparation for artificial intelligence applications.