Sapien AI Co., Ltd.a data labeling company, today announced that it has raised $5 million in a seed funding round to build a service that provides high-quality annotations and labeling for training artificial intelligence models.
Sapien, a startup founded in 2023, helps businesses build better AI models by providing a marketplace of premium, human-labeled training data. The company says its platform uses a “gamified” approach to data labeling experiences with blockchain-based rewards, such as crypto tokens, that help human labelers ensure accurate notations. He said he is encouraging people to offer it.
This seed funding round attracted investment from Animoca Ventures, Primitive Ventures, Artichoke Capital, and Yield Guild Games. Animoca Ventures is best known in the industry as the investment arm of Hong Kong-based gaming software company Animoca Brands Corporation Ltd, which initially focused on mobile game development before transitioning into blockchain gaming. did.
Gamification is the process of adding game-like elements to something boring, along with a reward system, to encourage participation. The majority of models currently created require humans to manually annotate data to enable more accurate decision-making, but that work can be very time-consuming and slow. there is. This process involves adding labels to raw data such as images, text, and audio to provide additional context.
Sapien says its platform has more than 1 million labelers living in more than 73 countries and speaking more than 235 languages and dialects, giving the service extensive multilingual capabilities. Human intelligence from individuals with advanced subject matter experience in industries such as medicine, law, and education technology can also be provided for annotation purposes.
“This funding will enable us to expand our team, expand our front-end labeling infrastructure, and provide higher quality data to our growing list of enterprise customers,” said Trevor Koverko, co-founder of Sapien. states.
The company said its platform is used by a wide range of paying customers in the AI industry, including healthcare, education, and leading large-scale language models.
“Sapien's innovative approach to data labeling, combining advanced technology and human expertise, sets us apart in the industry,” said James Ho, Head of Animoca Ventures. Masu. “We believe the team's deep understanding of the market and commitment to customer success makes them the ideal partner for companies looking to train their AI models using the best possible data.”
Image: ShutterStock/Production Perrig
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