Machinify provides an AI-driven platform that ingests enterprises' raw data and optimizes decisions against specified goals such as revenue or operational efficiency. Customers feed the system data and an objective, and the platform learns from past decisions to recommend or implement the right actions. The company cites use cases in healthcare, where customers have used Machinify to speed and improve claims processing, increasing revenue and reducing costs. Machinify positions itself around solving critical operational issues for deploying AI-driven software within large enterprises. Financially, the company announced a $10 million Series A led by Battery Ventures with participation from GV and Matrix Partners. Founder and CEO Prasanna Ganesan and investors highlighted the platform’s focus on large enterprise datasets and dynamic AI-driven software.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2018