# Profillic

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

- Industry: Internet
- Headquarters: Oakland, US
- Website: www.catalyzex.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Nov 16, 2021)
- Investors on record: 7

## About

Profillic, Inc. is a technology company specializing in artificial intelligence solutions aimed at engineers and researchers, offering innovative tools for data generation across various formats.Founded in 2019 and headquartered in Oakland, US, Profillic, Inc. develops AI technologies for engineers and researchers. The company has conducted 2 deals, with its most recent funding round on November 16, 2021. It raised USD 1.64 mn in a Seed round led by Unshackled Ventures and other investors. Gaurav Ragtah, one of the co-founders, also serves as the CEO.CatalyzeX provides a suite of advanced artificial intelligence models tailored for engineers and researchers, focusing on generating diverse types of data, including text, images, videos, audio, and code. Their core offerings include object detection, personalized recommendation systems, and image-to-image translation, all designed to enhance user experiences and extract insights from data. The company's customer base includes over 300,000 engineers and researchers, primarily in North America and Europe, with a commitment to open-source technology allowing for effective customization of AI models.CatalyzeX generates revenue through a blend of subscription models and partnerships, offering direct access to its AI tools for businesses and individual researchers. Their B2B transaction structure involves annual or monthly subscription plans that cater to varying needs, providing flexibility for both small-scale researchers and large enterprises. This approach builds long-term client relationships, ensuring ongoing support and engagement.Following the Seed funding round on November 16, 2021, in which Profillic, Inc. raised USD 1.64 mn, the company plans to accelerate product development to democratize AI for builders worldwide. Profillic, Inc. aims to expand into new markets, targeting regions with growing demand for AI solutions, though specific locations have not been disclosed. The recent funding will be utilized to enhance their product offerings and facilitate entry into these new markets.

## Funding rounds

- Seed, Nov 16, 2021, $1.6M — On Deck Capital Inc., Alumni Ventures Group, Darling Ventures, Unshackled Ventures, Unpopular Ventures, Abstraction Capital, Kepler Ventures

## Investors

- On Deck Capital Inc. — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Darling Ventures (https://capitalatlas.ai/funds/darling-ventures) — Seed
- Unshackled Ventures (https://capitalatlas.ai/funds/unshackled-ventures) — Seed
- Unpopular Ventures (https://capitalatlas.ai/funds/unpopular-ventures) — Seed
- Abstraction Capital (https://capitalatlas.ai/funds/abstraction-capital) — Seed
- Kepler Ventures (https://capitalatlas.ai/funds/kepler-ventures) — Seed