UNLEASH ENTERPRISE PRODUCTIVITY AND PERFORMACE

 

For important risk and disclaimer information, Click here.

Industry

Technology

Company Type

AI/B2B SaaS

Size

$20 Million

Investment Type

Equity

Overview

Quarrio is seeking $20 million to scale its proprietary AI software to additional enterprise customers

Management team has multiple exits and led the teams that created Apple’s Siri and IBM’s Watson AI


Company is revenue-generating and has a strategic relationship with Salesforce and its wholly owned subsidiary Heroku


AI expected to become a $1.6 trillion market by 2030

 

Opportunity

Each year companies lose an average of $109.4bn in the US in lost productivity because of employees struggling to make sense of data


Data literacy skills are in decline; only 25% of employees feel prepared to use data confidently; and 75% report feeling overwhelmed when faced with   large data sets


We and others believe that generative A.I. based on large language models should not be used in enterprises and should be avoided in decision-making processes because it’s prone to systemic errors such as data fidelity, bias, and lack of output trustworthiness

Solution/Strategy

Quarrio provides answers to plain English queries typed into a Chat GPT- like interface, that are accurate1, explainable, verifiable, and secure


Quarrio A.I. combines symbolic, deterministic and probabilistic technology, and represents a breakthrough in accessing and generating actionable information for enterprise users


Relationship with Salesforce’s wholly-owned subsidiary Heroku facilitates introduction to their system integrators & client base

Competitive Advantage in the Enterprise Space

Management

Lead By Experience

KG Charles-Harris

Founder & CEO

Serial entrepreneur in genomics and big data. Three exits. Early pioneer of the big data and analytics markets​.

Earl Sacerdoti

Chief Scientist

Director of AI at SRI. Led team that developed Apple Siri.​

Beth Gilson

CFO

Beth is a veteran of Goldman, BAML, and consumer fintech Varo Bank.​

Jim Cates

Chief Information Architect

Jim led team at IBM that created Watson AI. CIO and enterprise architect at Synopsys and Brocade. ​

Learn More About Quarrio A.I.

Thank you for your interest in Quarrio A.I.

Please fill out your information and we will contact you shortly with more information on this opportunity.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

Sending