# CerebrumX Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cerebrumx-labs

- Industry: Software
- Headquarters: Novi, US
- Website: www.cerebrumx.ai
- Total disclosed funding: $5.5M
- Latest round: Series A (Mar 4, 2021)
- Investors on record: 2

## About

Based in New Jersey, the US, and founded in 2020, CerebrumX Labs Inc. develops an Automotive Data Management Platform to enable media, insurance, and retail the monetization of a connected car data ecosystem. The company was co-founded by Amit Gupta, Kapil Arora, Sandip Ranjhan, and Sumit Chauhan and is backed by Series A investors led by LG Technology Ventures and Cerence Inc. last May 2021. 

CerebrumX uses use Augmented Deep Learning in managing connected car data to generate deep insights that will be used by original equipment manufacturers, insurance companies, retailers, and fleet management industries to monetize connected car data.

CerebrumX plans to tap into the automotive data analytics market by accelerating investments in R&D, cloud infrastructure, and onboarding ecosystem partners.

## Funding rounds

- Series A, Mar 4, 2021, $5.5M — LG Technology Ventures, Cerence Inc.

## Investors

- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series A
- Cerence Inc. — Series A
