Eden AI raises 1.5 million euros to unify AI/ML APIs

Companies are increasingly using artificial intelligence services, especially when it comes to automating internal processes or improving the experience of their customers. The strong development of AI now makes it a convenience. These functionalities can be found in several fields: health, human resources, industry, etc.

These AI technologies come in various forms:

  • Image processing : object detection, facial recognition, text extraction, etc.
  • Text analysis : keyword extraction, sentiment analysis, etc.
  • Automatic translation : customer relations, translation of documents, etc.
  • Audio transcription : analysis of telephone calls, video subtitling, etc.
  • Prediction : sales prediction, production optimization, etc.

The behemoths of the cloud market (Amazon Web Services, Microsoft Azure or Google Cloud) offer solutions allowing access to this type of service, but you can also find smaller providers who are already competing with them: Mindee, Dataleon, Deepgram, AssemblyAI, Rev.AI, Speechmatics, Lettria, etc. Due to their specialization, they often manage to offer very effective solutions.

Eden AI raises 15 million euros to unify AIML APIs

In the AI ​​sector, therefore, there are many different suppliers who offer a variety of solutions. As a result, it is complicated to correctly choose the solution best suited to your needs, because performance depends on the user’s data. A transcription of an audio to text will not necessarily be the same using Google Cloud as using AssemblyAI, for example. Indeed, depending on the language used, one provider could generate a better transcription in Spanish than another.

To be convinced, here are some more in-depth analyzes demonstrating the difference in performance of several suppliers with concrete examples of data for: the visionI’OCRthe predictionthe object detectionthe audio to text transcription and the facial recognition. An AI comparator also provides quick access to public benchmarks between suppliers and based on public data: compare.edenai.run.

It is to compensate for the complexity of this market that Eden AI develops an API allowing users to access the AI ​​engines of their choice. The company combines these engines and provides a single entry point to compare, test and use them. Offering different levels of performance, price, and quality of response depending on the data processed, it is to this extent that Eden AI stands out thanks to its unique and multi-vendor approach.

The company aims to democratize the use of AI to make access easy for all developers. To achieve this promise, Eden AI focuses on three main areas:

  1. The company positions itself as an aggregator operating a standardization: it gives the possibility of using several engines at the same time, as well as being able to replace and combine them with the greatest simplicity. Eden AI takes care of centralizing costs to allow users to save time.

Eden AI raises 15 million euros to unify AIML APIs

2. It also develops the “Genius” feature: an automatic and dynamic recommendation based on the data of each user. Eden AI redirects to the best solution and engines suitable for the user.

1653907621 123 Eden AI raises 15 million euros to unify AIML APIs

3. Finally, the user will have to combine several AI engines for different uses. The “Pipelines” tool makes it possible to directly create a data processing flow allowing AI solutions to be combined instantly with each other.

1653907622 99 Eden AI raises 15 million euros to unify AIML APIs

To carry out its project, Eden AI recently raised 1.5 million eurosduring a round table supported by the Parisian accelerator 50 Partners, but also by renowned business angels: Olivier Pomel (Datadog), Nicolas Dessaigne (Algolia), Sébastien Pahl (Docker), Julien Lemoine (Algolia), Benjamin Fabre (DataDome), Laurent Letourmy (Ysance), Jean-Baptiste Aviat (Sqreen), Georges Gomes (Div Riots) and Thomas Grange (Botify):

1653907622 531 Eden AI raises 15 million euros to unify AIML APIs

Eden AI is therefore developing in a booming market, with the ambition of making AI accessible to all developers. To do this, the company wishes to expand its team with talented recruits: edenai.co/careers.

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Eden AI raises 1.5 million euros to unify AI/ML APIs


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