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Forge.AI Raises $11 Million

Forge.AI Raises $11 Million

Artificial intelligence company Forge.AI closed a $11M Series A funding round led by Underscore VC with participation from Accomplice, Boston Seed Capital, Imagination Capital, and Project 11 Ventures.

According to the company, Forge.AI is focused on helping businesses harness the information content contained in 80 percent of the world’s data that is unstructured. Using both natural language understanding technologies and a proprietary dynamic self-learning knowledge graph, Forge.AI  transforms publicly available text-heavy content—such as news reports, social media, financial reports, and SEC filings—into knowledge-rich, structured event feeds. Data science and engineering teams then apply these event feeds directly into their companies’ analytical decision-making processes and infrastructures.