Business Overview

Oct 2016
Date Founded
Active
Operating Status
Revenue Generating
Revenue Stage
B2B, B2G
Business Model
30
Employees

BlackSwan Technologies is a PaaS/SaaS product company. Its Flagship software ELEMENT is an operating system powering the rapid development of enterprise AI applications that mimic the cognitive functions of human intelligence. ELEMENT can be used by enterprises across multiple industries to collect and organize data, gain competitive intelligence, improve compliance, drive new business opportunities and make predictions all while cutting costs and improving efficiencies. BlackSwans ELEMENT is trusted by some of the largest global organizations.

Business Stage
Launched

Founders

BlackSwan Technologies
Michael Ouliel
CEO

Funding Rounds

$28 M

Total Funding

2

Funding Rounds
0.00x
Funding Growth

New wpDataTable

Date Announced

Funding Round

Amount Raised

Investors

October 2020
Series A
$28 M
November 2018
Seed

AI Technology Stack

3
AI Team Size
Horizontal AI
AI Application
AI Description

ELEMENT’s end-to-end system transforms raw data into actionable insights that companies can leverage to identify opportunities, reduce costs and manage risk. Blackswan kinetic intelligence engine incorporates a semantic layer to derive actionable insight on data that might otherwise be ambiguous, incomplete, confusing, or contradictory. Additionally, the kinetic intelligence engine is designed to compile actionable intelligence from massive amounts of captured data: in the current industry parlance, Big Data.

AI Algorithms
Neural Networks

In The News

Enterprise AI software co BlackSwan raises $28m | News – Globes

October 14, 2020

BlackSwan Technologies Raises $28M in Funding | FinSMEs

October 14, 2020

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Startup Snapshot

Operating Status
Active
AI Team Size
3
Total Funding
$28 Million
Founded
October 2016
Funding Stage
Series A
Time Since Last Funding Round
9 months

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