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About Unstructured
Industries
Data & Analytics
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$63.2M
Headquarters
San Francisco, California
Founded
2022
Overview
Unstructured.io focuses on transforming raw natural language data into formats suitable for machine learning applications. It caters to developers and data scientists who need to process unstructured data from various sources like HTML, PDFs, and CRM systems. The company provides open-source libraries and APIs that allow users to create custom preprocessing pipelines for tasks such as labeling and training machine learning models. Unlike many competitors, Unstructured.io emphasizes rapid orchestration of these pipelines and offers seamless integration with other services while ensuring data security. The goal is to simplify the use of unstructured data for organizations, enabling them to make data-driven decisions more effectively.
Simplify's Take
What believers are saying
- Recent $40M funding round provides capital for development and expansion.
- Partnerships with DataStax and Weaviate expand market reach and influence.
- Inclusion in MongoDB AI Applications Program boosts visibility and credibility.
What critics are saying
- Increased competition from companies like DataStax threatens market share.
- Dependency on DataStax partnership poses strategic risks.
- Rapid AI technology evolution requires continuous innovation to stay competitive.
What makes Unstructured unique
- Unstructured.io offers open-source libraries for custom preprocessing pipelines, unlike many competitors.
- The company focuses on transforming raw natural language data for machine learning applications.
- Unstructured.io's seamless integration with downstream services ensures data security throughout the process.
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Funding
Total Funding
$63.2M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Remote Work Options
Unlimited Paid Time Off
Home Office Stipend
Health Insurance
Dental Insurance
Vision Insurance
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 4%2 year growth
↑ 3%Intelligent Document Processing provider Unstructured has announced the launch of its new enterprise ETL (extract, transform, and load) platform that automates the complex process of transforming unstructured data in any format and from any source into organizations' GenAI stack.
SANTA CLARA, Calif., Dec. 3, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the developer data platform for critical applications in our AI world, today announced financial results for its third quarter ended October 31, 2024. "I'm pleased with the continued operational progress of the entire Couchbase team," said Matt Cain, Chair, President and CEO of Couchbase. "We delivered top- and bottom-line results that exceeded our outlook, and we achieved another significant milestone with Capella, which now represents 15.1% of our ARR and one third of our customer base. I remain highly confident in our outlook and ability to achieve our objectives in fiscal 2025."
Capgemini, Confluent, IBM, QuantumBlack, AI by McKinsey, and Unstructured join the MongoDB AI Applications Program (MAAP) ecosystem to help organizations make an impact with AI. MongoDB, Meta collaborating to support developers with Meta models and the end-to-end MAAP technology stack. Leading autism and intellectual and developmental disability software provider CentralReach using MAAP to improve AI-powered care platform
Don’t miss OpenAI, Chevron, Nvidia, Kaiser Permanente, and Capital One leaders only at VentureBeat Transform 2024. Gain essential insights about GenAI and expand your network at this exclusive three day event. Learn More. The finalists for the Innovation Showcase will be at Transform: Putting AI to work, July 9-11 in San Francisco. Six companies have been selected to showcase their generative artificial intelligence (AI) products or features that are most likely to disrupt the enterprise.Those selected to present will do so in front of an invite-only audience of 400 industry decision-makers, and receive direct feedback from a panel of enterprise tech analysts, brand executives and others.The 2024 Innovation Showcase finalists are:. Countdown to VB Transform 2024Join enterprise leaders in San Francisco from July 9 to 11 for our flagship AI event. Connect with peers, explore the opportunities and challenges of Generative AI, and learn how to integrate AI applications into your industry
Additionally, DataStax has partnered with unstructured.io to provide structure to unstructured content before it is vectorized, resulting in increased accuracy and precision.
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About Unstructured
Industries
Data & Analytics
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$63.2M
Headquarters
San Francisco, California
Founded
2022
Unstructured is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today