Cleanlab

Cleanlab

About Cleanlab

Simplify's Rating
Why Cleanlab is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$29.2M

Headquarters

San Francisco, California

Founded

2021

Overview

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for AI in healthcare boosts Cleanlab's growth potential.
  • Federated learning trends align with Cleanlab's focus on data accuracy.
  • Expansion of AI ethics tools highlights need for Cleanlab's curated datasets.

What critics are saying

  • Emerging startups in AI data curation threaten Cleanlab's market position.
  • Rapid AI advancements may outpace Cleanlab's current capabilities.
  • Dependence on venture capital funding poses financial risks for Cleanlab.

What makes Cleanlab unique

  • Cleanlab automates data curation, enhancing AI model accuracy and reliability.
  • Trustworthy Language Model (TLM) detects hallucinations in large language models.
  • Cleanlab's solutions increase the dollar value of enterprise data points.

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Funding

Total Funding

$29.2M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$25M
Cleanlab
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

↑ 4%

1 year growth

↑ 27%

2 year growth

↑ 27%
Business Wire
Sep 17th, 2024
Cleanlab Emerges with $5 million to Automate Data Curation for LLMs and the Modern AI Stack

Today Cleanlab, the automated solution for boosting the accuracy of enterprise artificial intelligence (AI), LLM, and analytics solutions, announced i

RTInsights
Apr 28th, 2024
Real-time Analytics News for the Week Ending April 27

Cleanlab launched the Trustworthy Language Model (TLM), which is a fundamental advance in generative AI that the company says can detect when large language models (LLMs) are hallucinating.

Technical.ly
Nov 2nd, 2023
Comcast Nbcuniversal Lift Labs Selects 10 Startups For Accelerator On Emerging Enterprise Ai Solutions

Comcast NBCUniversal LIFT Labs announced the launch of its Enterprise AI Accelerator, where 10 selected startups will spend the next six weeks working alongside leaders from Comcast to explore advancements in artificial intelligence for large-scale businesses. Comcast NBCUniversal LIFT Labs is focused on facilitating startup-enterprise partnerships through access and connection to Comcast’s network of business leaders and corporate partners. The accelerator welcomes startups at various stages in their entrepreneurial journeys, from pre-seed to growth stage, and does not involve issuance of equity in exchange for participation. This program is LIFT Labs’ second accelerator in 2023, following a Generative AI-themed program earlier this spring that resulted in all participants securing partnerships with Comcast organizations

Business Wire
Oct 11th, 2023
Cleanlab Raises $25M Series A to Automatically Increase the Value and Accuracy of the World’s Enterprise Data Used by AI, ML, and Analytics Solutions

Cleanlab, the company behind the automated data curation solution used to increase the dollar value of every data point in enterprise artificial intel

PitchBook
Oct 11th, 2023
Global VC deals for October 11, 2023

San Francisco's Cleanlab, a data automation startup, raised a $25 million Series A led by Menlo Ventures and TQ Ventures.

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