# Outlier AI

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

- Industry: Software
- Headquarters: Oakland, US
- Website: www.outlier.ai
- Total disclosed funding: $30M
- Latest round: Series B (Jan 15, 2020)
- Investors on record: 8

## About

Outlier AI, Inc. specializes in enhancing generative AI models by connecting freelance subject matter experts with projects, improving data accuracy and AI performance across diverse domains.Outlier AI, Inc. was founded in 2015 in Oakland, US, to facilitate the connection between experts and projects enhancing AI model accuracy. The company has completed 6 deals, with the latest in May 2022, when it was acquired by SoundCommerce LLC. Sean Byrnes leads the company as CEO.Outlier AI provides a platform that connects subject matter experts with projects aimed at enhancing the accuracy and performance of generative AI models. The core services include facilitating the generation of training data and evaluating AI model performance across various domains, such as organic chemistry, creative writing, coding, and data science. By leveraging the expertise of freelance professionals, Outlier AI addresses the need for high-quality data and feedback that can help improve AI systems. The platform has a diverse customer base, including leading enterprises that rely on Outlier AI's contributions to accelerate their AI development processes. The company's services are available globally, serving clients in North America, Europe, and Asia, among other regions.Outlier AI operates on a model that compensates contributors on a per-project basis for their specialized input. The company engages freelancers who contribute to various AI training tasks, with compensation structured around hours worked, allowing for flexibility in both hours and project participation. Contributors are paid weekly through preferred payment methods. Specific pricing plans for services provided to clients have not been disclosed, but arrangements likely involve tailored contracts with enterprises based on project scope and contributor expertise.In May 2022, Outlier AI was acquired by SoundCommerce LLC, enhancing their capacity to serve DTC consumer brands and retailers. Future growth plans include the development of new product offerings designed to expand the platform's capabilities. The acquisition aims to leverage Outlier AI's expertise to penetrate new markets, focusing on expanding its reach within North America and Europe. The funding from the Series B round, which raised USD 24.18 mn, will support these initiatives, positioning Outlier AI for strategic growth in the AI services marketplace.

## Funding rounds

- Series B, Jan 15, 2020, $24M — Emergence Capital, First Round Capital, Ridge Ventures, SV Angel, Homebrew, Susa Ventures, Capital One Ventures, 11.2 Capital
- Series A, Jul 24, 2018, $6.2M — First Round Capital, Ridge Ventures, SV Angel, Homebrew, Susa Ventures, 11.2 Capital

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A, Series B
- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Series A, Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A, Series B
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Series A, Series B
- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Series A, Series B
- 11.2 Capital (https://capitalatlas.ai/funds/11-2-capital) — Series A, Series B
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series B
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series B
