Machine Labs is a data science startup based in Edinburgh, Scotland, specializing in assisting small and medium-sized businesses with advanced data science techniques. The company's slogan "Machine Labs helps small businesses with data science; offers employees stock options and development opportunities" encapsulates its core ethos. One notable aspect of the company is its commitment to employee ownership and development, as it extends an Enterprise Management Incentives (EMI) Plan to all team members, awarding them stock options equivalent to 25 percent of their salaries.
Founded in 2019, Machine Labs operates in the Machine Learning industry and recently secured a significant $1.25M Seed Round investment on 09 July 2020. The investors in this round included Techstart Ventures, Bill Dobbie, and Andrew Veitch.
Furthermore, the company actively participates in the ScotGrad program, focusing on the training and development of new graduates to enhance their skills and career prospects. This holistic approach to business and employee development aligns with the company's overall vision and mission.