# eRated

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

- Industry: Marketing/Advertising
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.silverback.ai
- Total disclosed funding: $1.7M
- Latest round: Seed (Jan 19, 2016)
- Investors on record: 1

## About

eRated, Inc. offers advanced artificial intelligence solutions to optimize business processes and enhance decision-making across various sectors, including finance and healthcare.Founded in 2013 by Boaz Cohen, eRated, Inc. operates from Tel Aviv-Yafo, Israel, providing machine learning platforms that empower organizations to gain insights from large datasets. The company raised USD 1.7 mn in Seed funding in January 2016, led by Spinach Angels, with participation from Techstars and other angel investors. To date, eRated has completed 2 deals, focusing on advancing its market presence and technological capabilities.Silverback.ai specializes in advanced artificial intelligence solutions designed to enhance business processes and decision-making capabilities across various industries. Their core offerings include machine learning platforms that enable organizations to derive actionable insights from large datasets, automating complex analytical tasks. The company's products are utilized primarily in sectors such as finance, healthcare, and marketing, where clients seek to leverage AI for predictive analytics, customer segmentation, and operational efficiency. Silverback.ai's solutions have been implemented by a diverse client base ranging from small startups to large enterprises, facilitating effective data-driven strategies. These products are primarily marketed and sold in North America and Europe, focusing on urban centers that are technology hubs, thereby enabling quick adoption and integration within businesses looking to innovate and improve their competitive edge.Silverback.ai generates revenue through a subscription-based model, where clients pay a recurring fee for access to their machine learning platforms and ongoing support services. This structure typically includes tiered pricing plans that cater to different business sizes and needs, allowing for scalability as clients grow. Partnerships with organizations in various sectors, including finance and healthcare, further contribute to revenue streams, as these collaborations often involve joint development projects and shared resources. The flagship products of Silverback.ai, which are integral to their revenue model, are designed to provide substantial ROI for clients through improved efficiency and productivity. The transaction process is streamlined for clients, ensuring that businesses can easily integrate these AI solutions into their existing infrastructures while benefiting from continuous updates and enhancements.In January 2016, eRated raised USD 1.7 mn in Seed funding, which will support the development of new AI products and expansion into additional markets. The company aims to enhance its offerings with upcoming product launches designed to improve analytical capabilities for its clients. Additionally, eRated plans to expand its reach into new geographic regions, specifically targeting emerging markets in Asia and South America by 2025, thereby broadening its client base and market influence.

## Funding rounds

- Seed, Jan 19, 2016, $1.7M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed