# Akin A.I.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/akin-a-i

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.akin.com
- Latest round: Seed (Apr 30, 2018)
- Investors on record: 2

## About

Akin A.I. provides innovative AI-powered solutions tailored for both public and private organizations, utilizing advancements in neuroscience and chaos theory to enhance operational efficiency across various sectors.Founded in 2018 and headquartered in Sydney, Australia, Akin A.I. specializes in developing AI solutions that facilitate improvements in daily living, healthcare, government policy, and space exploration. The company was founded by Lee Yearsley, who has a history of entrepreneurial ventures. Akin A.I. has completed 2 deals to date, with its most recent deal occurring on June 1, 2019, when the company raised an undisclosed amount of pre-seed funding from Investible.Akin offers a diverse suite of AI-powered solutions designed to serve public and private organizations across various sectors. Central to their offerings is a flexible ecosystem that leverages advancements in neuroscience and chaos theory, enabling applications in daily living, healthcare, government policy, and space exploration. The company's AI models are crafted to manage wellbeing, enhance decision-making, and support humanity’s ventures beyond Earth. Akin's technology is currently utilized by clients from multiple geographical markets, including North America, Europe, and Asia, who seek to implement AI solutions that improve operational efficiency and user engagement. By focusing on frontier AI models, Akin aims to create a symbiotic relationship between AI and humanity, facilitating a future where personalized AI is accessible to all.Akin generates revenue through a combination of subscription-based models, partnerships, and direct service offerings tailored to its clients' needs. The structure of transactions typically involves long-term contracts with public and private organizations that seek ongoing access to Akin’s AI solutions. Revenue is derived from these partnerships, which may include service agreements for AI solutions in healthcare and government sectors, as well as customized AI tools for businesses aimed at enhancing everyday operations. The company also explores collaborations in the space sector, contributing to projects that require advanced AI capabilities. Akin’s flagship products and services are designed to meet the specific requirements of its diverse clientele, ensuring that the value proposition is consistently aligned with industry demands.Akin A.I. plans to launch new AI products aimed at enhancing decision-making processes by 2024. The company is targeting expansion into the European and Asian markets, with efforts to establish a presence by the end of 2025. The recent funding received on June 1, 2019, is expected to support these initiatives, particularly in product development and market penetration strategies.

## Funding rounds

- Seed, Apr 30, 2018 — Reinventure, Comet Labs

## Investors

- Reinventure (https://capitalatlas.ai/funds/reinventure) — Seed
- Comet Labs (https://capitalatlas.ai/funds/comet-labs) — Seed
