Jarvis ML, a machine learning platform founded in 2021, raised $16 million in seed funding led by Dell Technologies Capital, the global venture capital arm of Dell Technologies. The company says Shakti and more than a dozen “veteran Silicon Valley technologists and business leaders” are also participating in the round.
The startup says it will use the funding to expand its hospitality division, as well as its research and development, sales and marketing teams.
Rakesh Yadav, who led the development of the machine learning operations platform for Google Ads and Google Payments, founded Jarvis ML to make machine learning capabilities easier to access and deploy for any business with data that can be better used.
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One of the industries targeted by the company is short-term rentals. Evan Dolgow, head of predictive hospitality at Jarvis ML, says the benefits of machine learning shouldn’t be limited to large companies like Airbnb, Booking.com and Expedia.
“Data chaos is preventing property managers from scaling. They have tons of data scattered across multiple systems, such as CRM, PMS, cloud marketing, and smart devices, and don’t know how to leverage it. They don’t realize how much gold there is in the data they already have,” he says.
“Within days, Jarvis ML interconnects all databases and begins to personalize each customer’s booking journeys across websites and in marketing communications.”
According to Daniel Docter, managing director of Dell Technologies Capital, “Fundamentally, every business, regardless of stage or industry, will need to be data-driven to succeed. Rakesh has an insatiable appetite to help businesses solve this need. What he and his team at Jarvis ML have accomplished in less than a year comes as no surprise. When it comes to applying world-class machine learning to solving business problems, Rakesh practically wrote the book.
Docter will join the startup’s board of directors.