HumanSignal

HumanSignal

Data labeling platform for AI accuracy

About HumanSignal

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

Industries

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$24.5M

Headquarters

San Francisco, California

Founded

2018

Overview

HumanSignal provides a platform for data labeling that improves the accuracy of AI models by combining automation with human oversight. Their main product, Label Studio, allows users to create custom user interfaces, utilize pre-built labeling templates, manage team permissions, and optimize workflows. This platform is adaptable to various data types and industry requirements, making it suitable for clients in machine learning, data science, and AI development. HumanSignal operates on a subscription model, offering different tiers based on features and support, and also provides additional services like custom integrations. As the demand for data labeling grows with the rise of AI technologies, HumanSignal aims to be a leading provider by offering a flexible and comprehensive solution tailored to client needs.

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Simplify's Take

What believers are saying

  • Rising demand for audio data labeling tools expands HumanSignal's market reach.
  • Open-source solutions align with growing interest in cost-effective, customizable options.
  • AI integration with IoT devices presents innovation opportunities for HumanSignal.

What critics are saying

  • Increased competition from Heartex could attract clients away from HumanSignal.
  • Open-source tool development pressures HumanSignal to lower prices or innovate more.
  • Client expectations for advanced AI features require continuous platform updates.

What makes HumanSignal unique

  • HumanSignal offers a versatile platform supporting multiple data types and use cases.
  • Label Studio provides custom UI building and pre-built labeling templates for flexibility.
  • HumanSignal combines automation with human supervision to enhance AI model accuracy.

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Funding

Total Funding

$24.5M

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
HumanSignal
$100M
GitHub

Benefits

Remote Work Options

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-9%

2 year growth

0%
TechCrunch
Dec 15th, 2022
Heartex’S Label Studio Makes Labeling Audio For Ml Easier

Heartex, the well-funded machine learning data labeling startup, is launching a major update to its platform today that will open up new use cases for its tools by making annotating audio files in the commercial and open source versions of its Label Studio a lot easier for its users. These updates include a new user interface, optimized for working with audio files, the ability to annotate longer files (up to two hours in length) and millisecond controls in the built-in annotation tool. There is also now a new rendering engine for displaying waveforms. In a previous update, Heartex also added to its tool features like frame-by-frame video object tracking and an overhauled annotation UI.The company says about 150,000 users are currently relying on Label Studio, with more than 95 million annotations created so far.Image Credits: Heartex“When we were originally thinking about building the data labeling solution, we did a lot of data scientist interviews,” Heartex co-founder and CEO Michael Malyuk told me. “And what we figured out is that many of them say they don’t have enough flexibility with existing tools. There is a tool for images, but you can only put a single image on the screen

TechCrunch
May 18th, 2022
Heartex raises $25M for its AI-focused, open source data labeling platform

Heartex, a data labeling firm, has raised $25 million in a venture funding round, bringing its total raised to $30 million.

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