simMachines logo — Explainable Artificial Intelligence / Machine Learning enabl...

simMachines

Explainable Artificial Intelligence / Machine Learning enabling high impact marketing, fraud and identity applications

Founded 2012 United States Chicago, United States 4 employees Series A Total: $7.45M AI, Analytics +3

General Information

Company Name simMachines
Founded Year 2012
Location United States Chicago, United States
Employees 4
Industries AI, Analytics, IT +2
Funding Stage Series A
Social

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About simMachines

simMachines is a company that specializes in Explainable Artificial Intelligence and Machine Learning, with a focus on high-impact marketing, fraud, and identity applications. The company's slogan succinctly encapsulates its purpose - to create AI and machine learning solutions that are easily understandable and explainable. Founded in 2012, simMachines has since emerged as a leader in explainable AI and machine learning technology. The company's offerings are designed to empower data scientists, marketers, analysts, and business leaders, enabling them to achieve significant gains in efficiency, performance, and innovation. Notably, simMachines provides inherently actionable insights that are delivered with transparency and trust behind every prediction, setting it apart in the industry. In an important development, simMachines was acquired by InRule Technology in June 2021, marking a significant milestone in the company's trajectory. This move signals potential synergies and expanded opportunities within the AI and machine learning space. The company's last investment, a $7.40M Series A round, occurred on 24 September 2018, showcasing investor confidence and financial backing for simMachines' innovative approach. While details about the specific investors in this round are not provided, this investment signifies external validation of the company's vision and potential for growth. Overall, simMachines' focus on explainable AI and machine learning, coupled with its recent acquisition and past investment, positions it as a noteworthy player in the Analytics and Marketing industries, with potential for continued impact and expansion. For more information on simMachines, visit www.simmachines.com.

Taxonomy: Explainable AI, Predictive Analytics, Marketing Technology, Fraud Detection, Identity Verification, Trustworthy Predictions, InRule Technology, Acquisition, Innovation, Actionable Insights, Performance

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $7.40M -
24 Sep 2018
Non Equity Assistance Undisclosed 1
Microsoft Accelerator Seattle
02 Feb 2016
Grant $50.00K 1
Arch Grants
07 May 2012

simMachines Alternatives & Competitors

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AU10TIX
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FAQ About simMachines

Explainable Artificial Intelligence / Machine Learning enabling high impact marketing, fraud and identity applications
simMachines was founded in 2012.
simMachines is headquartered in Chicago, United States.
simMachines operates in AI, Analytics, IT, Marketing and Machine Learning. Its work centres on Explainable AI, Predictive Analytics, Marketing Technology and Fraud Detection.
simMachines has approximately 4 employees.
simMachines has completed 3 funding rounds, raising a total of $7.45M. The latest funding stage is Series A.
Top alternatives and competitors to simMachines include AU10TIX, MyTracker – Analytics Platform for Mobile Apps, GiniMachine, AiDA Technologies Pte Ltd, Textgain. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
simMachines and AU10TIX 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 simMachines, https://bouncewatch.com/company/simmachines, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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