Feature Labs Launches to Automate AI Applications

Feature Labs, Inc., a software solution that automates engineering for machine learning and AI applications, today officially launched and announced a $1.5 million seed round of funding led by Flybridge Capital Partners. The round also included participation from First Star Ventures & 122 West Ventures.

Feature Labs  was founded out of the computer science and AI lab at MIT by Max Kanter, Kalyan Veeramachaneni and Ben Schreck. The company’s software products combine open source and proprietary algorithms that enable data scientists to perform automated and precise feature engineering on structured data so that machine learning and predictive modeling can be used at scale, allowing customers to iterate rapidly on prediction problems to achieve business goals. According to the company, organizations including Kohl’s, NASA, BBVA, DARPA, Monsanto and MIT have been using Feature Labs’ software to automate their feature engineering processes.