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About Text IQ
Industries
Cybersecurity
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Series A
Total Funding
$15.6M
Headquarters
New York City, New York
Founded
2001
Overview
Text IQ helps organizations manage and protect sensitive information using artificial intelligence and machine learning. Their main product, "The AI Brain," utilizes natural language processing and social network analysis to organize unstructured data, such as emails and social media posts. This technology accurately identifies and categorizes sensitive information, like personal data and privileged legal documents, which helps clients save time and reduce costs in data management. Text IQ's platform improves over time through a feedback loop, enhancing its efficiency as it processes more data. Unlike competitors, Text IQ focuses specifically on the legal and privacy sectors, providing tailored solutions for law firms, corporations, and government agencies. The company's goal is to automate document review and risk identification, enabling clients to comply with regulations and protect their reputations.
Simplify's Take
What believers are saying
- Growing demand for AI-driven eDiscovery solutions boosts Text IQ's market potential.
- Relativity acquisition provides access to a larger customer base and resources.
- Partnerships with legal tech companies enhance service offerings and market reach.
What critics are saying
- Increased competition from AI startups threatens Text IQ's market share.
- Rapid AI evolution requires continuous R&D investment to maintain competitiveness.
- Potential regulatory changes could impose additional compliance costs and challenges.
What makes Text IQ unique
- Text IQ uses advanced NLP and social network analysis for unstructured data management.
- The AI Brain platform continuously improves through a feedback loop, enhancing efficiency.
- Text IQ specializes in legal and privacy sectors, serving law firms and government agencies.
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Funding
Total Funding
$15.6M
Meets
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Unlimited Discretionary PTO
Fun, diverse, open-minded coworkers
High level of autonomy
Training, mentorship, and coaching from leadership
Company-paid health & dental insurance with optional vision, life, and disability choices
WFH Stipend
Annual Bonus Opportunity
Referral bonus
Company News
Text IQ, a leading provider of artificial intelligence (AI)-powered eDiscovery solutions, has recently announced that it has secured $100M in Series D funding.
ProSearch Strategies, Inc. forged a partnership with Text IQ that allowed ProSearch Strategies, Inc. to offer its clients AI technology that perfectly complements its service delivery model and innovative workflows.
Text IQ, founded in 2014, raised more than $15 million in funding from backers like FirstMark, Sierra Ventures and Intel Capital.
This in from Relativity today (27 May): Relativity has acquired Text IQ, a Top 100 AI company applying artificial intelligence (AI) to identify sensitive data. Text IQ leverages the latest in unsupervised machine learning (ML), graphical modeling, social network analysis (SNA), natural language processing (NLP) and deep learning to create AI solutions for the world’s largest enterprises to […]
Legal and compliance technology company Relativity has announced its acquisition of Text IQ, which uses AI and machine learning to identify sensitive information contained in unstructured data.
There are no jobs for Text IQ right now.
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About Text IQ
Industries
Cybersecurity
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Series A
Total Funding
$15.6M
Headquarters
New York City, New York
Founded
2001
There are no jobs for Text IQ right now.
Find jobs on Simplify and start your career today