Blackbird.AI, a leading provider of narrative and risk intelligence solutions, has secured $20 million in funding to further develop its platform. The funding round was led by institutional investors, including Accel, with participation from existing investors, including AI Fund and Spider Capital.
The Blackbird.AI platform uses advanced artificial intelligence and machine learning algorithms to analyze and monitor online narratives and social media conversations. The platform is designed to help organizations identify and mitigate reputational risks, detect emerging threats, and monitor public sentiment.
The platform is particularly useful for companies operating in highly regulated industries, such as finance, healthcare, and energy. These industries are subject to strict compliance requirements and face significant reputational risks if they fail to meet these requirements.
Blackbird.AI’s platform helps these companies stay ahead of potential risks by providing real-time insights into online conversations and narratives. The platform can identify emerging trends and threats before they become widespread, allowing companies to take proactive measures to mitigate risks.
The funding will be used to further develop the platform’s capabilities and expand its reach. Blackbird.AI plans to invest in research and development to enhance the platform’s machine learning algorithms and natural language processing capabilities.
The company also plans to expand its team and open new offices in key markets around the world. This will allow Blackbird.AI to better serve its growing customer base and provide more localized support.
Blackbird.AI’s platform has already been adopted by a number of leading companies, including Fortune 500 companies and government agencies. The platform has been praised for its ability to provide real-time insights into online conversations and narratives, helping organizations stay ahead of potential risks.
Overall, the $20 million funding round is a significant milestone for Blackbird.AI and highlights the growing demand for narrative and risk intelligence solutions. As more companies look to protect their reputations and mitigate risks in an increasingly complex digital landscape, platforms like Blackbird.AI will become increasingly important.
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- Source: Plato Data Intelligence.