AI Startup Senses Bags $16 Million in Round A Financing
Senses, an artificial intelligence startup, announced on Monday that it had completed a round A financing worth nearly 100 million yuan. This round of financing was led by Oriza Prior and followed by Global Founders Capital. The funds will be used to strengthen the company’s R&D of products and technologies, accelerate deals and cooperation agreements, and build out its business team.
Senses, established in March 2019, is a provider of ultra-automated products and solutions for enterprises. It takes Cloud Native as its technical architecture to build intelligent data systems for enterprises which help in the digital deployment of their products and services.
In terms of company make up, Senses’ R&D personnel account for more than 80% of all staff. Its core members have worked for other big tech companies, including Alibaba Cloud, Huawei, 4Paradigm, Qihoo 360 and others. Altogether, the company’s staffhas more than ten years of experience in AI, big data and large-scale enterprise services. At present, three R&D teams have been set up for automation, AI automation and visual interaction.
The company has formed three major product lines including Data Super Automation Platform, AI Super Automation Platform and Business Automation Product Line, which, taken together, cover risk control, marketing, operation, pricing, analysis and other intelligent functions.
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From a vertical perspective, the functional modules of its three major product lines can be used as independent sub-platforms to serve the needs of customers. From a horizontal perspective, they can also be combined into new systems as needed.
In the next year, Senses will build a business R&D team and a commercialization team to accelerate the company’s customer expansion and explore other, non-financial fields.
