Neurence logo — company profile

Neurence

Founded 2013 4 employees Venture round Total: $4.00M AI, Analytics +4

General Information

Company Name Neurence
Founded Year 2013
Employees 4
Industries AI, Analytics, Computing +3
Funding Stage Venture round
Social

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About Neurence

Neurence is an innovative startup that has developed an intelligent cloud-based recognition engine, aiming to bridge the gap between unstructured human environments and computer understanding. Founded in 2013 by a group of world-class mathematicians and software engineers in Cambridge, England, Neurence represents one of Europe's premier technical groups. The company addresses the challenge of enabling computers to comprehend the highly complex and nuanced human world, lacking repetition, order, and automation, which has traditionally posed a significant obstacle for devices expected to operate effectively in this environment.

Neurence's solution involves a highly intelligent, cloud-based central repository of information, essentially acting as a "brain" with the ability to see, hear, and understand the world around it.

The company operates within the AI, Analytics, Computing, Information Technology, and Telecom industries, utilizing Machine Learning as a core component of its technology.

Neurence's last significant funding round took place on 23 February 2015, with an investment of $4.00M from Invoke Capital Partners.

This investment demonstrates the confidence of a notable player in the venture capital space, highlighting the potential seen in Neurence's innovative approach to addressing the challenges of unstructured human environments for computing.

Business keywords: Computer Vision, Internet of Things, Facial Recognition, Augmented Reality, Cloud-based Technology, Data Processing, Mathematical Algorithms, Cloud Architecture, Sensory Data, Device Connectivity, Cambridge Technology, Software Engineering

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Venture Round $4.00M 1
Invoke Capital Partners
23 Feb 2015

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FAQ About Neurence

Intelligent cloud-based recognition engine allowing computers to understand unstructured human environments. Traditionally, the unstructured environment of our human world has been very hard for computers to understand — it lacks repetition, order and automation. This presents a problem for ou...
Neurence was founded in 2013.
Neurence operates in AI, Analytics, Computing, Information Technology, Telecom and Machine Learning. Its work centres on Computer Vision, Internet of Things, Facial Recognition and Augmented Reality.
Neurence has approximately 4 employees.
Neurence has completed 1 funding round, raising a total of $4.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Neurence include ramblr.ai, 7 Sensing Software, Rho AI (now Rho Impact), Ubitrack, uSens Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Neurence and ramblr.ai are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Neurence, https://bouncewatch.com/company/neurence, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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