Edgify
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 2.3m | 2.4m | 2.7m | 2.9m |
% growth | - | 4 % | 13 % | 7 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£200k | Seed | ||
£400k | Seed | ||
N/A | - | ||
* | £2.4m | Series A | |
N/A | - | ||
N/A | Early VC | ||
* | £6.0m | Series A | |
$6.5m Valuation: $40.0m | Early VC | ||
Total Funding | CAD25.1m |
Related Content
Recent News about Edgify
EditEdgify operates in the artificial intelligence (AI) and machine learning (ML) sector, providing a unique distributed learning framework that allows companies to train their AI models directly on edge devices. This approach ensures data privacy and security, as no data ever leaves the device, making it particularly appealing for industries with stringent data protection requirements. Edgify's platform is inherently scalable; the more devices a client has, the more processing power is available, eliminating the need for additional infrastructure investments. The company primarily serves businesses that require high levels of data security and operational efficiency, such as retail, healthcare, and finance. Edgify's business model revolves around offering its platform as a service, generating revenue through subscription fees and possibly usage-based pricing. By enabling AI training at the edge, Edgify helps its clients achieve higher model accuracy and reduced latency, ultimately enhancing their operational capabilities.
Keywords: AI, ML, edge computing, data privacy, scalability, distributed learning, retail, healthcare, finance, operational efficiency.