TaoData Technology 桃树科技 is a Hangzhou-based company specializing in providing professional Artificial Intelligence (AI) solutions in the financial industry. The company's services encompass the full credit life cycle, including risk management, customer value management, precision marketing, customized recommendation, smart investment strategy and anti-fraud solutions. Their advanced data models are integrated into the daily business processes of well-known banks and financial institutions, significantly increasing operational efficiency. This is supported by DataBrain, an innovative machine learning product utilizing cutting-edge algorithm technology and real-world experience from data scientists. This enables the development of efficient data science workflows, turning data analysts, engineers, and business analysts into data scientists across different areas.
Founded in April 2016, TaoData has garnered investments from various sources, including Angel and Linear Venture as lead investors in May 2016, followed by a Series Pre-A investment with Sinovation Vertures as the lead investor in October 2016 and a Series A investment led by GX Capital in February 2017. Subsequently, the company raised a CNY100.00M Series B investment on 14 March 2018 with contributions from Linear Venture, Milestone, Fosun International, and Chaos Investment.
TaoData's success is underpinned by their belief in the power of human-machine collaboration and democratizing data science. This vision, combined with a strong team of data scientists, senior industry sales professionals, solutions experts, and algorithm engineers, positions the company at the forefront of driving AI innovation within the financial sector in China.