# Dadoes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dadoes

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.rendered.ai
- Total disclosed funding: $6M
- Latest round: Seed (Oct 5, 2021)
- Investors on record: 6

## About

Dadoes, Inc. is a technology firm specializing in generating synthetic data for AI and machine learning applications, with a focus on enhancing performance in computer vision tasks across multiple industries.Founded in 2019 and headquartered in Bellevue, US, Dadoes, Inc. provides synthetic data generation solutions for advanced AI applications. The company raised USD 6.00 mn in Seed funding on October 5, 2021, led by Space Capital with participation from Congruent Ventures, Marlinspike Partners, Tectonic Ventures, Uncorrelated Ventures, and Union Labs. The firm has secured a total of USD 6.00 mn from this round, indicating a focused investment strategy to enhance its operations and workforce.Rendered.ai specializes in the generation of synthetic data tailored for artificial intelligence and machine learning applications, particularly in computer vision. The platform enables the creation of accurately labeled datasets that simulate rare events and edge cases, which are often challenging to capture using real sensor data. This capability is particularly valuable for industries such as defense, intelligence, transportation, agriculture, insurance, and manufacturing, where high-stakes data scenarios demand precise and comprehensive analysis. Rendered.ai’s synthetic data solutions help clients improve algorithm performance, especially in identifying economically significant objects in complex datasets, such as satellite imagery. The company serves a diverse client base, including notable organizations like Orbital Insight.Rendered.ai operates on a B2B model, providing its synthetic data services through a subscription-based framework designed for corporate clients and organizations that require ongoing access to high-quality data generation tools. The company's revenue structure is derived from various pricing plans that cater to different levels of usage and access to its platform. Clients typically engage in contracts that allow them to integrate synthetic data into their existing systems, thereby optimizing their computer vision algorithms and enhancing detection performance. This transactional model facilitates long-term partnerships, enabling Rendered.ai to cater to the evolving needs of its customers while ensuring a steady stream of revenue.Following the USD 6.00 mn Seed funding raised in October 2021, Dadoes, Inc. plans to expand its manpower and operations significantly. The company is focused on developing new synthetic data products designed to enhance user experience and expand its offerings. The funding will support the company's operational growth and its strategy to enter new markets across North America and Europe by the end of 2023. This expansion aims to reach a broader range of industries requiring sophisticated data solutions.

## Funding rounds

- Seed, Oct 5, 2021, $6M — Congruent Ventures, Tectonic Ventures, Space Capital, Union Labs, Uncorrelated Ventures, Marlinspike Partners

## Investors

- Congruent Ventures (https://capitalatlas.ai/funds/congruent-ventures) — Seed
- Tectonic Ventures (https://capitalatlas.ai/funds/tectonic-ventures) — Seed
- Space Capital (https://capitalatlas.ai/funds/space-capital) — Seed
- Union Labs (https://capitalatlas.ai/funds/union-labs) — Seed
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Seed
- Marlinspike Partners (https://capitalatlas.ai/funds/marlinspike-partners) — Seed
