artificial intelligence Archives - StartupsSanAntonio.com

San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M

5Jul

By Iris GonzalezNo Comments

San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M

If you look at startup exits, you don't usually see biotechnology startups represented since they typically generate their biggest profits long after an IPO or acquisition. One San Antonio biotech acquisition has broken that mold, with an amount that netted its limited partners an exceptional return, even by angel investing standards.Intrinsic Imaging, a biotech startup that provides imaging support mainly to clinical trial vendors, has been acquired by WCG Clinical, Inc. for $80 million. According to the S-1 form filed with the SEC on July 1, WCG Clinical purchased Intrinsic Imaging's artificial intelligence (AI) radiology imaging support services to add the innovative capability to their "proprietary suite of technology-enabled solutions."WCG Clinical is a clinical research trial...

Big Data Analytics Startup Quickpath Scaling as Machine Learning-Powered AI Demand Grows

21Aug

By Iris GonzalezNo Comments

Articles, Featured

Big Data Analytics Startup Quickpath Scaling as Machine Learning-Powered AI Demand Grows

When you use Amazon Alexa, Siri, or Google, you can thank machine learning (ML) powering the artificial intelligence (AI) for the targeted ads, personalized content, song recommendations, and more that you get in personalized services. That exploding demand for big data-driven enterprise applications is what is fueling Quickpath's rapid growth. The San Antonio big data analytics software startup uses its cloud-based software application program interface, or API, to help businesses lacking the specialized AI expertise to connect the different datasets that fuel machine learning AI. The proprietary Quickpath platform debuted in late 2018 for midmarket and enterprise companies implementing ML hardware and software packages. "We wanted to make it 10 times easier for companies to acces...

UTSA Startup Grind to Feature Active Capital and FunnelAI

18Apr

By Iris GonzalezNo Comments

Articles, Featured

UTSA Startup Grind to Feature Active Capital and FunnelAI

Startup Grind UTSA will host its fireside chat April 24 at 6:30 p.m. with guest speakers Cat Dizon, co-founder and partner at venture capital firm Active Capital talking with the co-founders of artificial intelligence (AI) startup FunnelAI, Sridhar Kamma and Sujatha Kamma. The event takes place at the university’s College of Business. Register for a free ticket here.FunnelAI announced March 27 that it received a $1.5 million seed round led by the San Antonio based venture capital firm Active Capital. The investment included funding from the Geekdom Fund, Europe-based retail and consumer investor True, and angel investors from San Antonio and Houston.Read more: Active Capital-Led $1.5M Funding, Workforce Grant Fuels Growth for FunnelAISridhar Kamma created the first automated sa...

Active Capital-Led $1.5M Funding, Workforce Grant Fuels Growth for FunnelAI

27Mar

By Iris GonzalezNo Comments

Articles, Featured

Active Capital-Led $1.5M Funding, Workforce Grant Fuels Growth for FunnelAI

FunnelAI announced Wednesday it received a $1.5 million seed round led by Active Capital. The investment included funding from the Geekdom Fund, Europe-based retail and consumer investor True, and angel investors from San Antonio and Houston.Chief executive Sridhar Kamma co-founded FunnelAI with his sister Sujatha Kamma, who serves as chief operations officer. Suman Poluri is the third co-founder, joining FunnelAI to lead the coding team.Founded in 2017, the marketing and sales startup created a software platform that uses artificial intelligence (AI) to find online indications of intent for businesses looking for customer prospects. RealCo accelerator and micro venture capital fund co-founder Michael Girdley helped bring the company from Austin to San Antonio, where it continues i...

Intrinsic Imaging Radiologist Develops Artificial Intelligence Tool to Streamline Workloads

30Jan

By Iris GonzalezNo Comments

Articles, Featured

Intrinsic Imaging Radiologist Develops Artificial Intelligence Tool to Streamline Workloads

Artificial intelligence (AI) was front and center at this year’s Consumer Electronics Show because of its capacity to influence every aspect of our lives. Now, AI’s reach is touching upon healthcare.Lance Reinsmith, M.D., is a radiologist with the South Texas Radiology Group and Intrinsic Imaging who is applying the power of AI to help those like him triage an overloaded system.Images obtained by MRI machines, CT scanners, and x-rays give clinicians the ability to look for signs of disease or injury in a patient. These digital images have so much data they take considerable time to review. That makes spotting the ones that require immediate attention from the more routine “normal” scans challenging for the radiologist with an ever-growing workload.“Most of us are operating at o...

Dearduck Makes it Easier to Buy for Others

22Jan

By Iris GonzalezNo Comments

Articles, Featured

Dearduck Makes it Easier to Buy for Others

The entrepreneur who pioneered “buying for others” marketing is helping retailers by using her knowledge of deep machine learning and psychology.Dearduck founder Katy Aucoin has created a software as a service (SaaS) recommendation platform that businesses can use to help their customers make informed purchases. She calls this customized marketing approach BFO or buying for others which makes up 30 percent of all retail sales, according to the National Retail Federation.That 30 percent can distort the profile of a retail customer, Aucoin explained. Businesses pay money to collect data on a customer’s personal preferences, but it may reflect a customer’s needs to buy for someone else.“The way it works now we get ads generated on our past internet searches without any understan...

FunnelAI ‘s Artificial Intelligence Finds Real-time Customer Leads in Social Media

14Mar

By Iris Gonzalez1 Comment

Articles, Featured

FunnelAI ‘s Artificial Intelligence Finds Real-time Customer Leads in Social Media

The best artificial intelligence (AI) systems extract insights from extremely large datasets. What if AI could tell a company which customers were ready to buy specific services or products, searching across all social data, including social media posts, regardless of platform or forum?Co-founder Sridhar Kamma created the first automated sales funnel company to use AI. FunnelAI provides companies targeted data on potential customers who post about their readiness to buy certain products or services, down to their ZIP code. FunnelAI’s algorithm can sort through millions of social data posts daily, generating sales leads for many different types of companies.Kamma, who is a mechanical engineer and data scientist, found himself looking online for prospects when working on his prior st...