- San Francisco startup Impira uses AI to help businesses quickly draw insights from images, PDF files and other data in their network.
- The startup’s 29-year-old CEO and cofounder Ankur Goyal said Impira’s customers now include include Goop, the lifestyle company owned by Gwyneth Paltrow and RealReal, the online luxury store.
- Impira allows them to analyze “unstructured data” faster and easier “instead of going through a very arduous process of hiring a bunch of data scientists and building a bunch of infrastructure.”
- Impira used this pitch deck to raise $32 million from investors including Lightspeed Venture Partners and Coatue management.
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Businesses now have access to huge amounts of data that can be used to figure out better ways to find and sell to customers, or to improve their operations.
But much of the data can come in different forms that are not so easily processed, including PDF files, photos and videos. Entrepreneur Ankur Goyal started Impira in 2017 to develop an AI platform that can quickly analyze these forms of “unstructured data.”
Impira’s technology allows an enterprise to use AI to draw valuable business insights from information that come in different forms, such as PDF forms used for invoices or even packaging slips.
The tool makes it easier for businesses to extract insights and information quickly “instead of going through a very arduous process of hiring a bunch of data scientists and building a bunch of infrastructure,” Goyal, who is 29 and who was named to Forbes’ 30 Under 30 list last year.
Impira’s technology is now used by Goop, the lifestyle company owned by Gwyneth Paltrow, RealReal, the online luxury store and the online personal styling firm Stitch Fix.
Here’s this pitch deck Impira used to raise $32 million from investors, including Coatue Management and Lightspeed Venture Partners: