MondoBrain Raises $13.3 Million For Its Augmented Intelligence Platform

MondoBrain, a Virginia based digital decision-making platform that combines with the artificial, human and collective intelligence in a single interface dedicated to decision makers has now secured $13.3 Million in the funding round of Series A.

The round was led by the Japia, in collaboration with the Noreen Harrington, Steven Tye, Finamar, and Philipp Simotas. The company as of now has a plans to use the funds to expand its marketing and sales international team and accelerate the development of a product.

The startup which is founded by the Augustin Huret in 2014, who is also the inventor of the technology. MondoBrain provides an Artificial Intelligence driven solution for the decision making which enables the monitoring of performance in every private or public industries such as space & aeronautics, industries, asset management & finances, retail, marketing, fraud, compliance, risk, and banking.

The company as of now serves more than 50 enterprise customers which include the Airbus, Safran, Sanofi, BNP Paribas, Johnson &Johnson and others. It has almost 30 employees in Virginia, New York, Washington, and Paris.

“The rapid development of Artificial Intelligence legitimately generates anxiety and fears. However, MondoBrain proposes a new approach where AI serves professionals and help them make better decisions and execute them will full collective consensus,” said Augustin Huret, founder and CEO of MondoBrain and inventor of the technology. “Our solution provides Prescriptive Analytics that welcomes users’ experience and intuitions, thus empowering them to always make the best possible decisions, with full traceability and transparency. In environments where complexity is growing exponentially, MondoBrain brings simplicity and facilitates team work and action.”

MondoBrain has also received a recognition award by the Airbus Helicopters for their Quality Award to a team who brought an improvement to the quality of composite manufacturing.

“We realized that the main goal of Mondobrain team was to give to Artificial Intelligence the most adequate and relevant role within human organizations, thanks to their capability to empower every single professional.” Said Jean-Paul Inchauspé, head of Financière Japia, “It allows everything to be done with and for the people involved”.

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