Obviously.AI Raises $3.6M From TMV, B Capital Group, Arka Venture Labs, Golden Gate Ventures and several notable bay area VCs.

Obviously.AI has raised total funding of $3.6m. TMV, a seed fund based out of Chicago and New York has led the round and also placed itself on the board of directors. This round also witnessed participation from other leading investors like B Capital Group, Golden Gate Ventures, and Arka Venture Labs, among others.

Tapojit Debnath Tapu, and Nirman Dave to help business users gain critical insights they launched Obviously.ai. The platform now has over 3,000 users, saving 13.8 million hours of manual data science work. This was pulled through because the users have hosted over 82,000 predictive models. They are poised to create a disruption in the AI/ML space while positioning themselves as an industry leader.

Obviously.ai has built a home-grown model called “Edge Sharp AutoML,” which delivers AI models in a minute, explains results and outcomes. The users start by connecting their spreadsheets, and database. The technology works by analyzing the features of the user’s data like variance, sparseness, etc. It then uses the analysis to shortlist the top applicable Machine Learning (ML) algorithms that fit both, statistical as well as real-world performance.

With this round of funding, the platform is fundamentally reshaping how the modern business user works with Artificial Intelligence. Henceforth, Obviously. AI will use the funding to grow the company’s Research and Development (R&D), introduce time series and other new-age algorithms, expand its sales and marketing team, and build an ecosystem that can further automate the predictive AI capabilities. The model generated by the company is delivered in a presentable and beautiful report, which one can share in the network as it is.