HIPSTO Launches its Series A Funding Round

AI-powered open knowledge discovery platform creator seeks investment

Amsterdam, 10th May 2021 – HIPSTO today announced the launch of its Series A Funding Round, providing the rare opportunity to invest in an organization with proprietary, leading-edge AI/advanced NLP technology as it starts its commercial journey.

HIPSTO is seeking funding to scale up its AI development department and bolster the commercial (sales & marketing) function prior to aggressively targeting the Data Labeling, Alternative Data and Brand Safety Markets. The organization is seeking investment of €2-3M for a direct equity stake and is targeting a 60x ROI in year 5. 

HIPSTO has developed a state-of-the-art AI platform called FalconV™. It combines Machine and Deep Learning techniques to facilitate a variety of NLP microservices for information discovery. The modular architecture allows configuration and re-configuration of various proprietary services for extraction, curation, analysis and delivery, providing a complete toolbox to create end-to-end AI solutions.

 “We’ve already developed a leading-edge technology stack that can provide unlimited AI solutions for a multitude of markets. Commercially we have only just scratched the surface, and found that leading international hedge funds and enterprise have acknowledged that our technology can set a new benchmark,”
Sebastian Owen, CEO & Founder of HIPSTO.

The market for AI is estimated to grow at a compound annual growth rate (CAGR) of 42% from 2020 to 2027, and a trillion-dollar annual market is predicted by 2030. The adoption of AI and use of NLP by enterprise is in its infancy; HIPSTO is looking to utilize investment to accelerate the creation of its organizational infrastructure to optimize its ability to benefit from this accelerated growth.

Visit hipsto.ai/falconv/ for further information about HIPSTO’s FalconV platform. 

The following investment documentation is available upon request: 

  • Information Memorandum 
  • FalconV extended version overview 
  • Science papers 
  • AI microservice decks 
  • Technology backend operations & dashboard 
  • Internal market research reports (>1500 pages)

Investors with a genuine interest are encouraged to contact info@hipsto.ai for a teaser and pitch deck that will provide further information about the Series A investment.

About HIPSTO

HIPSTO is building the world’s premier AI open knowledge discovery platform, FalconV™. Its proprietary AI solution is a fully automated, cloud-based, end-to-end solutions stack that provides unparalleled (text) data extraction, curation, analysis and delivery in 100+ languages. FalconV™ consists of a series of chained NLP microservices that can be used singularly, or in combination, to provide a variety of out-of-the-box or bespoke solutions for multiple industries.

Further information about HIPSTO, its technology and services can be found at: www.hipsto.ai. Follow HIPSTO on LinkedIn www.linkedin.com/company/hipsto and Twitter @hipsto.ai. © HIPSTO 2021.

For all media inquiries please email press@hipsto.ai