# Apres Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apres-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.apres.io
- Total disclosed funding: $1.7M
- Latest round: Seed (Jan 8, 2021)
- Investors on record: 3

## About

Apres Technologies, Inc. is a US-based company dedicated to making artificial intelligence accessible and safe through explainability, offering tools that clarify complex AI algorithms for a wide range of industries.Founded in 2018, Apres Technologies, Inc. specializes in AI explainability, aiming to promote transparency in AI models. Headquartered in San Francisco, US, the company raised USD 1.66 mn in Seed funding on January 8, 2021, with investments from Adara Ventures, Faber Ventures, and Techstars Ventures. The CEO, Matt Waite, has previously worked at Aloha Solution.Apres focuses on artificial intelligence safety through explainability, providing AI-driven tools that enhance understanding of AI algorithms. Their offerings deliver transparent insights crucial for data-centric sectors such as finance, healthcare, and technology. The company emphasizes user-friendly interfaces and thorough documentation, catering to both small-to-medium-sized enterprises and larger corporations primarily in North America and Europe.Apres employs a subscription-based revenue model that allows clients to access AI explainability tools through tiered pricing plans, which usually involve monthly or annual payments. The pricing structure adapts to the complexity of client needs, offering varying levels of access to features like reporting, user support, and integration capabilities, allowing for tailored solutions that foster long-term partnerships in the B2B sector.Following a successful Seed funding round in January 2021, which raised USD 1.5 mn, Apres Technologies, Inc. plans to leverage these funds to introduce its AI platform to the market. The company is also exploring opportunities to expand into new geographic regions and markets, although specific locations and timelines have yet to be disclosed.

## Funding rounds

- Seed, Jan 8, 2021, $1.7M — Adara Ventures, Techstars, Faber Ventures

## Investors

- Adara Ventures (https://capitalatlas.ai/funds/adara-ventures) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Faber Ventures (https://capitalatlas.ai/funds/faber-ventures) — Seed