# Perceptilabs

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.perceptilabs.com
- Total disclosed funding: $2M
- Latest round: Seed (Nov 21, 2019)
- Investors on record: 2

## About

Perceptilabs is an innovative platform that simplifies the process of building machine learning models, leveraging visual programming to enhance user experience in data science and AI development.Founded in 2017 in San Francisco, US, Perceptilabs specializes in facilitating machine learning model creation through an intuitive visual interface. The company was established by Martin Isaksson and Robert Lundberg, who have backgrounds in software and AI development. In November 2019, Perceptilabs secured USD 2 million in Seed funding from investors Luminar Ventures and Brightly Ventures, marking its first funding round and total capital raised.Perceptilabs offers a user-friendly platform that enables users to create, train, and deploy machine learning models without intricate coding. The service is designed for both novice and experienced data scientists, providing tools that streamline the modeling process, improve accessibility, and enhance productivity in developing AI solutions.Perceptilabs generates revenue through its subscription-based model, where users pay for access to advanced features and tools on the platform. The platform's transactional structure allows for flexible pricing plans and user engagement, driving profitability as users continue to utilize the service for their machine learning projects.Following the recent Seed funding round in November 2019, Perceptilabs plans to enhance its platform by unveiling new features aimed at improving user experience and expanding its capabilities. The company is targeting growth in global markets, with an emphasis on reaching European and Asian regions by 2022. The funding will be directed towards product development, marketing efforts, and scaling operations to support its expansion strategy.

## Funding rounds

- Seed, Nov 21, 2019, $2M — Luminar Ventures, Brightly Ventures

## Investors

- Luminar Ventures (https://capitalatlas.ai/funds/luminar-ventures) — Seed
- Brightly Ventures (https://capitalatlas.ai/funds/brightly-ventures) — Seed