DefinedCrowd Founder and CEO appointed as Member of the National Artificial Intelligence Research Resource Task Force

Daniela Braga, Ph.D., joins a group of 12 experts and stakeholders from government agencies, private industry, academia, and civil and disabilities rights organizations  

Seattle, Washington, USA, 10 June 2021 – Founder and CEO of DefinedCrowd, Daniela Braga, Ph.D., was appointed today as a Member of the National Artificial Intelligence Research Resource Task Force (NAIRRTF). 

“It’s a humbling honor to be appointed for the NAIRR Task Force and to be able to contribute to the noble goal of democratizing access to the resources and tools that fuel AI research and development. It’s crucial to expand the ability of researchers to explore and research AI, which will support U.S. competitiveness across the fields of science and engineering. It’s an honor to put my industry and academic knowledge to the service of all Americans and the world,” states Braga. 

Braga is the founder and CEO of DefinedCrowd, one of the fastest-growing scale-ups in the AI space. With two decades of experience across research, industry and entrepreneurship, and a hybrid background that spans from linguistics to engineering to AI, Braga is one of the world leaders on AI. In just six years leading DefinedCrowd, Braga has raised more than $63 million, making her the only female founder who has raised the largest Series B in an AI company in the US, among other national and international recognitions. 

The NAIRR Task Force brings together 12 top technical experts from government, academia, and industry and is envisioned as a shared research infrastructure providing AI researchers and students across all scientific disciplines with access to computational resources, high-quality data, educational tools, and user support. For more information, access https://www.ai.gov/nairrtf/

Contact:   

Catarina Peyroteo Salteiro      
Director of Global Communication & Brand      
[email protected]      

DefinedCrowd’s Founder & CEO received the PSBJ’s Visionary Leadership Award

Seattle, Washington, USA, 26 May 2021 – Founder and CEO of DefinedCrowd, Dr. Daniela Braga, was selected to receive the Puget Sound Business Journal’s Visionary Leadership Award for the 2021 Middle Market Fast 50 Awards.  

According to Puget Sound Business Journal, the “Middle Market Fast 50 List and special editorial section recognizes the region’s 50 fastest-growing middle market companies” while the “middle market honorees are a small group of deserving executives recognized for their leadership”.  

Dr. Braga is truly honored to receive this award. “It is a fabulous recognition of the way I’ve led DefinedCrowd, passionate and determined, with a powerful vision to enhance the adoption of AI globally.”  

According to Emily Parkhurst, Publisher and Market President at the Puget Sound Business Journal, the judges reviewed a huge number of nominations, but Daniela Braga’s quickly rose to the top. “We are thrilled to honor her with this special program”, she said. 

To be considered for this recognition, all honorees must have led a company with a total revenue between $25 million and $1 billion. 

Other 2021 honorees are: Eugenio Pace, CEO & Co-founder of Auth0 as Dealmaker of the Year; Marvin White, President & CEO of Aptevo Therapeutics as Disruptor of the Year; Jordan Lott, President of Lake Washington Partners as Family Business Executive of The Year; Tana Gall, President of Merrill Gardens as Executive of The Year; John Rauvola, CEO & President of Superfeet Worldwide Inc. as Community Leader of the Year. 

DefinedCrowd’s Founder and CEO Joins European Council Meeting

Dr. Daniela Braga joined the High Level Working Group on Competitiveness and Growth to discuss Europe’s digital future  

Seattle, Washington, USA, 06 May 2021 – Founder and CEO of DefinedCrowd, Dr. Daniela Braga, was invited to participate in the latest meeting of the High Level Working Group on Competitiveness and Growth as they discussed the path towards European digital sovereignty in industry and internal market policy.  

Dr. Braga joined a prestigious group consisting of general directors of the Ministry of Economies from the 27 EU member states, as well as representatives of the European Commission, to present her arguments on why the creation of unicorns within the artificial intelligence industry is essential to ensuring digital sovereignty is attained.  

“It was an honor to be invited to participate in this meeting, especially on a topic that is so close to my heart. As artificial intelligence becomes as ubiquitous as software, we need to set up frameworks to ensure European entrepreneurs and innovators in this space are supported. By creating ecosystems that enables the creation of more unicorns, Europe will certainly achieve its goal of attaining digital sovereignty. I am hugely excited to be part of this journey, contributing to Europe’s digital autonomy and independence. Our future is bright.” 

The High Level Working Group on Competitiveness and Growth met today, May 6th, during the morning local time, via videoconference. 

About DefinedCrowd 

DefinedCrowd is a trusted AI data partner that provides a one-stop-shop for AI training data. The company offers a suite of products that include a marketplace with off-the-shelf datasets, crowd-as-a-service, and customized AI solutions for NLP, Speech, and Computer Vision technologies.  

Founded in 2015 by Dr. Daniela Braga, DefinedCrowd combines human knowledge and machine learning creating a natural interaction between people and machines towards a smarter future and has been serving Fortune 500 companies since day one.  

DefinedCrowd has offices in Seattle, USA, Lisbon and Porto, Portugal, and Tokyo, Japan, and has raised more than 60 Million dollars in investment. 

Contact:  

Catarina Peyroteo Salteiro     
Director of Global Communication & Brand     
[email protected]

The President of Portugal Receives DefinedCrowd’s Founder and CEO

President Marcelo Rebelo de Sousa and Daniela Braga debate the impact of artificial intelligence on the future of the Portuguese economy

Seattle, Washington, USA, 16 April, 2021 – In the current context, His Excellency the President of Portugal received entrepreneur Dr. Daniela Braga during a hearing concerning the economic future of Portugal and the Plan of Recovery and Resilience, which will be sent to Brussels by the end of the month.


“I deeply admire the President of Portugal, Marcelo Rebelo de Sousa. It was a great honor to meet and talk with His Excellency, especially about a subject that’s so close to my heart,” said Dr. Braga after the hearing.

Regarding Portugal’s economic and social future, Braga said: “With the world still reeling from the impact of a global pandemic, social and economic concerns are understandably at the top of every country’s agenda. I believe investing in artificial intelligence and digitalization is crucial to accelerating recovery and planning a future not only for Portugal but also for Europe, in order to reduce vulnerability to social and economic crises.”


The hearing took place today, April 16th at 3pm GMT, via videoconference.

DefinedCrowd Welcomes Bob Parker and Terence Fitzpatrick at Crucial Time in Growth Trajectory

The Seattle-based company grows its global leadership team with a new Chief Financial Officer and Senior Vice President of Global Sales 

Seattle, Washington, USA, April 15th – DefinedCrowd, the one-stop-shop for high-quality Artificial Intelligence training data, today announced that Bob Parker and Terence Fitzpatrick, two industry-renowned leaders, have joined the company to head the Finance and Sales departments, respectively. 

Bob Parker joins DefinedCrowd from SentinelOne, where he helped the company through significant growth and expansion during his four years there, including raising multiple rounds of equity and debt. With 30 years of experience working in Silicon Valley for both large public companies and growing private ones, Parker joined DefinedCrowd to support the company’s fast growth. “I’m thrilled to join DefinedCrowd, one of the most exciting companies in the AI space. DefinedCrowd is at a key moment of growth, and it’s at the center of one of the fastest growing markets. The connection with the team was immediate, and I couldn’t be more excited to join the team,” Parker said. 

Terence Fitzpatrick brings three decades of experience in AI sales across Europe, Asia, Middle East, Latin America and United States to DefinedCrowd. Previously the Chief Growth Officer at IPsoft where he led global sales, operations and development pipeline, Fitzpatrick joined DefinedCrowd to expand global sales and assist the company reach its ambitious growth goals. “As someone who has been responsible for managing global partnerships and senior level relationships in emerging technology companies, I’ve been extremely impressed by DefinedCrowd’s growth over the last five years. DefinedCrowd is clearly increasing market share by providing high-quality AI training data and I’m thrilled to join such an accomplished executive team,” said Fitzpatrick. 

Experiencing an 8550% growth in revenue from 2016 to 2019, DefinedCrowd is one of the fastest-growing private companies in the United States. Parker and Fitzpatrick join at a pivotal time in the scale-up’s progression and look to support its aggressive growth goals in the upcoming years.  

Dr. Daniela Braga, founder and CEO of DefinedCrowd, said, “I’m delighted to welcome Bob and Terence to the team. As we become the GitHub of AI, we’re witnessing stellar growth. With their extensive industry experience and track records, it’s difficult to think of anyone better qualified to lead our Finance and Sales departments at this crucial time,” Dr. Braga said. 

About DefinedCrowd 

DefinedCrowd is a trusted AI data partner that provides a one-stop-shop for AI training data. The company offers a suite of products that include a marketplace with off-the-shelf datasets, crowd-as-a-service, and customized AI solutions for NLP, Speech, and Computer Vision technologies.  

Founded in 2015 by Dr. Daniela Braga, DefinedCrowd combines human knowledge and machine learning creating a natural interaction between people and machines towards a smarter future and has been serving Fortune 500 companies since day one.  

DefinedCrowd has offices in Seattle, USA, Lisbon and Porto, Portugal, and Tokyo, Japan, and has raised more than 60 Million dollars in investment. 

Contact:  

Catarina Peyroteo Salteiro 
Director of Global Communication & Brand     
[email protected]    

DefinedCrowd Addresses Data Quality Challenge as Global Pandemic Accelerates Demand for Bias-Free Artificial Intelligence, Boosts Access via NVIDIA NGC

The Seattle-based company is expanding its Data Marketplace, complemented by detailed metadata, broadening dataset access through the NVIDIA NGC catalog, and adding new subscription plans

Seattle, Washington, USA, March 30th 2021To address the rapid increase in the demand for high-quality, bias-aware AI training data, DefinedCrowd announced today the expansion of its online data marketplace, DefinedData, to third-party suppliers to sell or share AI datasets, as well as a collaboration with NVIDIA to provide dataset samples through the NVIDIA NGC catalog. In addition, the platform now provides AI engineers with unprecedented levels of training data transparency, and a range of subscription options, with special discounts for academia.

AI is Top of the Corporate Agenda

The global pandemic has pushed AI to the top of the corporate agenda. A study by IDC shows that, in 2020, the AI market was predicted to be worth $300 billion by 2024. As of February 2021, the market is expected to break the $500 billion mark in 2024. A McKinsey survey found that responses to the crisis sped the adoption of digital technologies by several years, with 61% of high-performance companies increasing their investment in AI. This acceleration in AI development has created a huge increase in the demand for high-quality datasets.

Avoiding AI Bias Through Data Transparency

As more AI systems are deployed, and at a faster rate, implications of underlying bias arise. To address this concern, DefinedData’s catalog now offers detailed information on the gender, age, accent, and phonetic distribution of datasets as well as meta-data on the recordings, and audio samples. Access the up-to-date catalog here.

Democratizing Data Access via NVIDIA NGC

As a key step in democratizing access to data, DefinedCrowd will provide dataset samples through the NVIDIA NGC catalog, a GPU-optimized hub for AI and HPC containers, pre-trained models and SDKs that simplifies and accelerates end-to-end workflows. Datasets can be used to train models using libraries within the NVIDIA Jarvis application framework; NVIDIA Transfer Learning Toolkit, which enables developers to build production-quality models faster with no coding required; as well as the NVIDIA NeMo platform, a Python toolkit for building, training, and fine-tuning unmatched GPU-accelerated conversational AI models. This collaboration allows researchers and developers to build high-quality, state-of-the-art conversational AI models.

“By working with DefinedCrowd, we’re providing NVIDIA Jarvis and NeMo users with sample datasets to build and accelerate their models, all within the NGC environment,” said Richard Kerris, head of developer relations at NVIDIA.

Affordable Dataset Subscriptions

DefinedCrowd is introducing DefinedData subscriptions, providing access to a constantly expanding and refined catalog of high-quality speech and NLP datasets.

“Companies constantly need to engage a long tail of data in order to grow in new sectors, and data scientists need the raw material in order to address these issues as data science becomes more democratic each day,” said Director of Machine Learning at DefinedCrowd, Dr. Christopher Shulby. “This offering will allow data scientists to keep their models relevant in a continually evolving world.”

To learn more about DefinedData’s subscriptions, follow this link. Academia will have access to special pricing options.

Welcoming Data Partners

DefinedCrowd is encouraging third parties to list and sell their datasets on DefinedData, in an effort to address the increasing demand for AI training data. To ensure world-class quality, all datasets will be subjected to a vetting process before being made available. Express your interest in becoming a vendor on DefinedData here.

“This is an exciting moment. I am proud to see DefinedCrowd becoming the GitHub of AI,” said Founder and CEO, Dr. Daniela Braga. “Transparent, traceable and bias-aware data is crucial to build ethical AI technologies.”

About DefinedCrowd

DefinedCrowd is a trusted AI data partner, offering an overarching infrastructure of solutions which all focus on providing our clients with a one-stop-shop for AI training data. The broad scope of products ranges from off-the-shelf data to customized AI solutions. With Expertise, Reliability, Trust, and Innovation at the core of the business, DefinedCrowd has been serving AI companies and Fortune 500 companies since day one. With offices in Seattle, Lisbon, Porto and Tokyo, DefinedCrowd combines human knowledge and machine learning creating a natural interaction between people and machines towards a smarter future.

Contact: 

Catarina Peyroteo Salteiro    
Director of Global Communication & Brand    
[email protected]    

DefinedCrowd Named as One of 2021 America’s Best Startup Employers by Forbes

Seattle, Washington, March 9 2021 – DefinedCrowd, the one stop-shop for Artificial Intelligence training data, is named one of the 2021 America’s Best Startup Employers by Forbes for the second year in a row. 

DefinedCrowd is featured in 69th place, among a total of 500 shortlisted companies. According to Forbes, America’s Best Startup Employers were selected based on an innovative methodology evaluating three key factors: employee satisfaction, employee reputation, and company growth. The final list recognizes the top 500 companies based on over 7 million data points.  

For DefinedCrowd’s VP of People, Teresa Nascimento, being named as one of America’s Best Employers is “humbling, and a confirmation that we’re heading towards the right direction, while growing at a fast pace.” During the last year, the People team at DefinedCrowd implemented several initiatives to tackle the challenges brought by COVID-19. “With the pandemic, we had to adjust several processes to ensure our employees were feeling fully supported in these new times of uncertainty.”, said Teresa Nascimento.  

With more than 300 employees across four different locations, DefinedCrowd has welcomed 120 new employees last year. “On a regular year, growing the employee base of a scale up is already challenging. With the additional challenges posed by the pandemic, it was imperative to adapt the processes and to make sure the distance and limitation of personal contact would not affect our teams” added Nascimento. 

“At DefinedCrowd, we foster a company culture of diversity, equity, and inclusion, and we recognize our employees as our recipe for success. This results on a diverse team, with 39 nationalities currently being represented and 34% of which are women.”, concluded Nascimento.  

This is the second year in a row that DefinedCrowd is featured on Forbes’ Best Startup Employer. This is the most recent award, following the previous recognitions as the fastest-growing company in the US Pacific Northwest by Deloitte Fast 500, the 27th fastest private growing company in the US by 2020’s Inc. 5000 listVentureBeat Innovation Award for Startup Spotlight, among others. 

About DefinedCrowd 

DefinedCrowd is a trusted AI data partner, offering an overarching infrastructure of solutions which all focus on making AI smarter. The broad scope of products ranges from off-the-shelf data to customized AI solutions. With Expertise, Reliability, Trust and Innovation at the core of our business, DefinedCrowd has been serving AI companies and Fortune 500 companies since day one. With offices in Seattle, Lisbon, Porto and Tokyo, DefinedCrowd combines human knowledge and machine learning creating a natural interaction between people and machines towards a smarter future. 

Contact: 

Catarina Peyroteo Salteiro    
Director of Global Communication & Brand    
[email protected]    

DefinedCrowd Among the 25 Winners of the UNWTO Global Startup Competition

Seattle, Washington, February 22 2021 – DefinedCrowd, the fast-growing startup headquartered in Seattle, that provides training for Artificial Intelligence, is among the 25 winners of the UNWTO Global Startup Competition. 

This competition is an initiative of the World Tourism Organization (UNWTO), a specialized agency of the United Nations, which aims to distinguish startups with the most disruptive projects that contribute to accelerating the achievement of the 17 Sustainable Development Goals (SDGs) and received more than 10,000 applications resulting in 25 winning startups from 18 different countries. 

DefinedCrowd stood out among the more than 10,000 startups in the competition, for its contribution to goal 9 regarding the advancement of industry, innovation and infrastructure. 

The value proposition presented by DefinedCrowd in this competition highlights its contribution to the democratization of AI, making this technology accessible to everyone and an essential asset for innovation in tourism worldwide. Through its crowdsourcing platform, Neevo.ai, which already has more than 500,000 members spanned across 80 countries, and with the combination of the most advanced machine learning techniques, DefinedCrowd contributes to: (1) minimize the impact of COVID -19 in the lives of families, providing them with the opportunity to earn an extra income through the paid micro tasks they can perform on this platform; (2) enhance the use of Artificial Intelligence worldwide and, specifically in tourism, through data collection that allows the improvement of speech recognition or text processing systems, as well as automatic and simultaneous translators, in all languages and dialects worldwide; (3) ensure that this technology is supported by bias-free training data, ensuring that our community is representative of the diversity and inclusion needed for that purpose. 

The finalists were, according to UNWTO news, evaluated for their potential contribution to each of the SDGs, their capacity for growth and product maturity, as well as by the team that is supporting it. From the 25 winners, 9 are American companies, 8 are European, 6 from Asia and the Pacific and 2 from Africa and the Middle East. The winning startups will now have the opportunity to integrate mentoring programs led by Amadeus, Google, IE University (Spain), FarCo, Mastercard and ClarkeModet, and participate in international events and initiatives organized by the World Tourism Organization benefiting from its networking and eventually participate in pilot projects with companies such as Amazon Web Services, BBVA, Telefonica, among others. 

The 17 United Nations Sustainable Development Goals were created in 2015 and adopted by all United Nations state members as part of the Agenda 2030, with a 15-year action plan. This plan aims to mobilize society and nations to adopt a new lifestyle to end poverty and protect the planet (fighting climate change), thus contributing to improving the lives of all through sustainable development. 

About DefinedCrowd 

DefinedCrowd is a trusted AI data partner, offering an overarching infrastructure of solutions which all focus on making AI smarter. The broad scope of products ranges from off-the-shelf data to customized AI solutions. With Expertise, Reliability, Trust and Innovation at the core of our business, DefinedCrowd has been serving AI companies and Fortune 500 companies since day one. With offices in Seattle, Lisbon, Porto and Tokyo, DefinedCrowd combines human knowledge and machine learning creating a natural interaction between people and machines towards a smarter future. 

Contact: 

Catarina Peyroteo Salteiro    
Director of Global Communication & Brand    
[email protected]    

Seattle-based Data Leader Trailblazing Crowdsourced Language Data for Europe’s AI Revolution

Seattle, Washington, USA, December 3rd, 2020 – DefinedCrowd, a leading data provider for artificial intelligence (AI) and voice-recognition technologies, today announced the expansion of its proprietary and versatile off-the-shelf datasets for European markets. The new high-quality datasets will be accessible through DefinedData, a cutting-edge product suite announced earlier this year that enables customers to rapidly accelerate their AI initiatives into the market by acquiring pre-collected, annotated, and validated AI training data from an online catalog.

“In these remarkably uncertain times, one constant is that technology is helping us tackle the issues of tomorrow,” said company founder and CEO Daniela Braga. “We’ve seen the digitization of services, powered by AI and machine learning create an outside, positive impact as we confront the technological hardships of responding to COVID-19. Our high-quality language data can help countless businesses and governmental organizations adapt to our AI-enabled world.”

This the first announcement of a series of European language datasets that DefinedCrowd will release through 2021, beginning with European Portuguese. This complements the already existing 70 datasets, that serve the top world markets.

“We are constantly expanding our high-quality datasets to enable companies and ML products with European-focused audiences to reduce their time to market,” said Martin Andreas Stein, VP/GM of DefinedData. “With the acceleration of the digitalization we’re currently witnessing, speed and quality are key for success.”

DefinedData’s product offerings are curated for various language datasets to empower European companies and government institutions to accelerate their AI projects. By providing ready-to-use crowdsourced datasets that emphasize top-tier quality, DefinedData can help these initiatives with an efficient time-to-market schedule.

This offering provides new off-the-shelf datasets, annotated and validated by a global crowd, for languages that were previously unavailable. In DefinedCrowd’s efforts to unleash the potential of data, this expansion grants companies that are developing speech and NLP-based systems in European markets the opportunity to download datasets with speed. Companies will have the pre-collected datasets to confidently move their products to market without compromising quality.

About DefinedCrowd

DefinedCrowd is a trusted AI data partner, offering an overarching infrastructure of solutions which all focus on making AI smarter. The broad scope of products ranges from off-the-shelf data to customized AI solutions. With Expertise, Reliability, Trust and Innovation at the core of our business, DefinedCrowd has been serving AI companies and Fortune 500 companies since day one. With

offices in Seattle, Lisbon, Porto and Tokyo, DefinedCrowd combines human knowledge and machine learning creating a natural interaction between people and machines towards a smarter future.

Contact

Catarina Peyroteo Salteiro Director of Global Communication & Brand [email protected]

DefinedCrowd Launches Portfolio of AI Training Data Products

The award-winning company is revolutionizing the way tech companies obtain data for training artificial intelligence.

Seattle, Washington, September 30th 2020 – DefinedCrowd, the leading data provider for Artificial Intelligence (AI), today announced a product portfolio that addresses one of the biggest challenges in the AI industry: access to high-quality training data.

The portfolio includes: DefinedData, an online catalog of off-the-shelf datasets launched earlier this year; DefinedWorkflows, self-service workflows for highly customized data collections; DefinedCrew, a crowd-as-a-service platform for freelancing on-demand work for AI data collection and augmentation; and DefinedSolutions, an expert professional service for complex AI projects.

“As AI becomes more ubiquitous in our daily lives, and as our reality becomes increasingly voice-enabled, AI innovators are more discerning than ever about the data they use to train their algorithms. Our in-depth knowledge of the market enables us to understand the needs of industry leaders, which is why we realized we had to provide a broader and more defined range of data solutions. With this portfolio, DefinedCrowd has become a one-stop data shop: we provide off-the-shelf data available for immediate use, customized data collections, professional services, and even an on-demand crowd. Whatever your AI training data need, DefinedCrowd has the solution,” said founder and CEO, Dr. Daniela Braga.

Companies can start by browsing DefinedData, the online catalog, for pre-collected, annotated, and validated AI training data. It is targeted to clients who need data immediately, but don’t want to sacrifice on quality.

While the online catalog is constantly being updated, clients who can’t find what they need can use DefinedWorkflows to configure standardized AI data pipelines to get other demographic variations to fill their models’ needs.

For clients with more complex requests that need specially customized and crafted solutions, the DefinedSolutions professional services team will work with customers from beginning to end to meet their AI needs.

If customers have their own collection or annotation tools, and want to augment their managed crowd, DefinedCrew offers a diverse and certified global workforce, via Neevo.ai’s global network of over 300,000 contributors.

All four products are now available via the newly rebranded DefinedCrowd website. “As one of the fastest-growing private companies in America, in one of the most rapidly evolving industries in the world, change is our only constant. Over the last five years, we have embraced this change and evolved from a start-up to a more mature scale-up, represented by our rebranded product offering. We believe this suite of products solidifies our position as the leading data provider for AI in the world,” said Mark Bomber, VP of Marketing at DefinedCrowd.

DefinedCrowd was founded and 2015 and was recently listed by Inc. 5000 as the 27th fastest-growing private company in the United States, after experiencing a growth in revenue of 8550.28% from 2016 to 2019.

Learn more about the company and the new products at definedcrowd.ai.

About DefinedCrowd 

DefinedCrowd is a provider of high-quality training data and an overarching infrastructure of solutions for artificial intelligence all focusing on making AI smarter. The company collects, structures, and enriches datasets that empower their clients to launch AI products faster and with quality. By combining machine learning and human intelligence, the company’s goal is to create a natural interaction between people and machines towards a smarter future. By leveraging a global crowd of over 300,000 contributors and market-leading workflow automation, DefinedCrowd focuses on Speech, NLP, Computer Vision and Translation to fuel world-class artificial intelligence models. Available in a variety of delivery options and in over 50 languages, DefinedCrowd’s high-quality data will help AI initiatives drive business goals.

Contact  

Catarina Peyroteo Salteiro  
Director of Global Communication & Brand  
[email protected]

DefinedCrowd Launches DefinedData, an Online Marketplace of AI Datasets Available for On-Demand Purchase

High-quality data is now just a click away 

Seattle, Washington, July 7 2020 – DefinedCrowd, the leading data provider for Artificial Intelligence, today announced the launch of DefinedData, a new offering that enables customers to rapidly accelerate their AI-initiatives into the market by acquiring pre-collected, annotated, and validated AI training data from an online catalog.  

This product launch follows the recent closing of a US$50.5M Series B funding round and the addition of new investor, Balderton Capital. This funding round enables DefinedCrowd to continue its launch of new and innovative data solutions for the AI industry. 

“Machine learning teams building AI models have always faced one particularly pressing problem, and that is continuous access to highly accurate data. When technology focused companies want to launch their AI initiatives into the market quickly, they simply don’t have the time to collect and validate the data required to do so,” said Daniela Braga, founder and CEO of DefinedCrowd

According to Braga, DefinedData aims to solve this problem by providing time-strapped customers with high-quality, pre-collected datasets, already annotated and validated by a global crowd of over 300,000 contributors. Usually, creating such high-quality datasets would take a machine learning (ML) team anywhere from three to six months. However, DefinedData makes accessing high-quality data for AI much easier.  

Customers can simply browse pre-collected AI datasets in multiple languages, domains, and recording types and either request samples or request to purchase. Customers can also choose between a one-time purchase or annual subscription that provides access to all of the new datasets. By May 2021, the catalog is expected to grow to include over 25,000 hours of speech and natural language data.  

“As the appetite for high quality data continues to grow, the market for training data will become increasingly modularised. Training data repositories and marketplaces will be a key feature of the value chain, allowing teams to both monetise existing data sets as well as source new data time and cost effectively. We are incredibly excited to be joining Daniela and her team on their journey as they pave the way in this space,” said Laura Connell, Principal at Balderton Capital. 

DefinedData will maintain the commitment to quality for which DefinedCrowd has become known. To ensure the highest levels of accuracy and authenticity, multiple key performance indicators (KPIs) will be used including Word Error Rate, gender distribution levels, age distribution, ambient noise levels, nativeness (accuracy of native speakers), and domain accuracy.  

“Whether you’re building a prototype, or minimum viable product; testing internal models or benchmarking third-party cognitive services, our continually updated library of datasets will help you quickly achieve your AI goals,” concluded Braga.  

To learn more about DefinedData, visit the catalog here.  

About DefinedCrowd  

DefinedCrowd offers a platform with multiple data delivery options that leverages machine learning technology and human intelligence to deliver quality-guaranteed training data for AI systems. The platform offers self-service and fully customizable solutions that deliver high-quality project-specific training data, enabling AI products reach market quicker. Our value proposition is quality, privacy, speed and scale, covering more than 50 different languages. With strong expertise in speech and natural language processing technologies, we have been serving AI companies and Fortune 500 companies since day one. DefinedCrowd was founded in Seattle and has offices in Lisbon, Porto and Tokyo. 

DefinedCrowd Raises US$50.5M in Record-Breaking Series B Round

 Largest ever Series B round raised by a female-founded AI company in the US 

 Seattle, Washington – DefinedCrowd, a leading data provider for artificial intelligence, today announced it has raised an additional US$50.5M in a Series B funding round. It is the largest ever Series B round to be raised by a female-founded AI company in the US and will support DefinedCrowd’s vision to create seamless interaction between people and machines towards a smarter future. 

This Series B round includes participation from new investors Semapa Next and Hermes GPE, and existing investors Evolution Equity Partners, Kibo Ventures, Portugal Ventures, Bynd Venture Capital, EDP Ventures and IronFire Ventures. They all join a prestigious group of long-term investors, including Amazon Alexa Fund, Sony Innovation Fund and Mastercard, in supporting DefinedCrowd’s goal of becoming the world’s number one data provider. 

“With a strong focus on supporting promising startups with innovative technologies, Semapa Next is proud to invest in this Series B round. DefinedCrowd has quickly shown that they are able to solve AI’s most pressing problem – the need for continuous access to highly accurate data. This has positioned the company as industry leaders, and we are excited to be part of it,” said Semapa Next’s CEO, Ricardo Pires. 

“Evolution Equity Partners is proud to be part of this Series B round. DefinedCrowd’s innovative SaaS platform, industry-leading quality, and fast-delivery guarantees have cemented its global reputation as the trusted source for AI data. We are honored to be a part of this company’s exciting future,” said Dennis Smith, DefinedCrowd Board Member and Managing Partner and Founder at Evolution Equity Partners. 

With this investment, DefinedCrowd plans to expand its existing solutions, launch new innovative subscription-based offerings and expand their global reach. DefinedCrowd also plans to double the number of its employees and open more research and development offices around the world by the end of 2020. 

“Closing this Series B funding round is an incredible validation of what we have achieved in just four-and-a-half years,” said DefinedCrowd’s founder and CEO Daniela Braga, PhD. “Besides significantly increasing our client base of Fortune 500 companies, we’ve also grown our revenue within existing accounts, which proves our value proposition. Existing customers continue to demand more DefinedCrowd training data, while new clients are attracted by our growing reputation for high quality, fast delivery and data privacy. With this funding, we’ll be able to continue with our plan for triple-digit expansion in 2020, allowing us to serve our clients even better,” she said. 

The closing of the Series B follows an extremely successful year for DefinedCrowd, with revenues and workforce growing by 656% and 176% YoY, respectively. In the same year (2019), DefinedCrowd received its ISO 27001 certification, launched its Neevo app, was featured in the top 50 of Forbes’s Best Startup Employers, ranked in Forbes AI 50 Most Promising Artificial Intelligence Companies and was named by CB Insights as one of the top 100 AI companies. 

“The demand for AI-enabled products is increasing exponentially across almost every industry and geography. With our talent, resources, world-renowned clients and valued investors we are well on track to achieving our goal of becoming the world’s best data company for AI,” said Braga. 

*Source: Crunchbase, CB Insights and PitchBook 

About DefinedCrowd 

DefinedCrowd offers a platform with multiple data delivery options that leverages machine learning technology and human intelligence to deliver quality-guaranteed training data for AI systems. The platform offers self-service and fully customizable solutions that deliver high-quality project-specific training data, enabling AI products reach market quicker. It is this business model that has allowed DefinedCrowd to raise a total of $63.6M in funding over 4 rounds. Our value proposition is quality, privacy, speed and scale, covering more than 50 different languages. With strong expertise in speech and natural language processing technologies, we have been serving AI companies and Fortune 500 companies since day one. DefinedCrowd was founded in Seattle and has offices in Lisbon, Porto and Tokyo.