Traded: Venture Capital 🦄 on Instagram: "Encord, a San Francisco, CA–based AI data development platform, raised $60M in Series C funding led by Wellington Management with participation from Y Combinator, CRV, N47, Crane Venture Partners, Harpoon Ventures, Bright Pixel Capital, and Isomer Capital, bringing total funding to $110M. Led by Ulrik Stig Hansen, the company provides a platform that helps AI teams manage, curate, annotate, and evaluate multimodal data, and is used by teams such as Synthesia, Philips, Zoopla, Cedars-Sinai, and Northwell Health. FOUNDERS: Ulrik Stig Hansen & Eric Landau INVESTORS: Y Combinator, CRV, N47, Crane Venture Partners, Harpoon Ventures, Bright Pixel Capital & Isomer Capital ROUND: Series C AMOUNT: $60,000,000 HQ: San Francisco, California #VentureCapital #Encord #UlrikStigHansen #EricLandau #TradedVC"
Encord, an AI data development platform, raised $60M in a Series C led by Wellington Management. The platform manages multimodal data annotation and is used by healthcare organizations including Cedars-Sinai and Northwell Health.
Why it mattersThe $60M Series C led by Wellington Management funds Encord's clinical AI tooling.
Entities Mentioned
Harpoon VenturesBright Pixel CapitalIsomer CapitalPhilipsZoopla
People Mentioned
Ulrik Stig HansenEric Landau