Mostly AI is a data privacy startup that has built a synthetic data platform which surfaces personal data for privacy-friendly AI and big data innovation.
Mostly AI unlocks your big data assets, while keeping individuals' privacy completely safe & secure.
Mostly AI was founded in 2017 by Michael Platzer, Klaudius Kalcher, and Roland Boubela. The company is headdquartered in Vienna, Austria.
Mostly AI Synthetic Data Engine uses artificial intelligence (AI) and privacy rules to automatically generate fully anonymous data. This artificial data is based on a company’s existing customer data and keeps their entire information value.
Mostly AI leverages state-of-the-art generative deep neural networks with in-built privacy mechanism to retain the valuable information while rendering the re-identification of any individual impossible. This way it provides as-good-as-real, yet fully anonymous data, that can be freely processed, analyzed and shared further.
Mostly AI’s platform also accelerates enterprises’ overall time to data. The company claims its technology has already been proven to reduce time-to-data by 90%, saving larger companies more than $10M annually on data provisioning and internal overhead.
Mostly AI is backed by Molten Ventures, Earlybird, Citi Ventures, 42CAP, Push Ventures, and others. The company raised $25M in Series B round on Jan 11, 2022. This brings Mostly AI's total funding to $31.1M to date.