Monitaur
Monitaur is a software company that provides auditability, transparency, and governance for companies using machine learning software. For companies using AI to make regulated decisions that affect people’s lives, Monitaur’s ML Assurance software, developed by industry experts, secures transparency. The company records, logs, organizes and monitors every decision made by ML models. Monitaur’s web-application and immediately find, examine, and gain an understanding of any decision across all model versions and configurations. The company was founded in 2019 and is based in Boston, Massachusetts, USA.
Monitaur
Monitaur is a software company that provides auditability, transparency, and governance for companies using machine learning software. For companies using AI to make regulated decisions that affect people’s lives, Monitaur’s ML Assurance software, developed by industry experts, secures transparency. The company records, logs, organizes and monitors every decision made by ML models. Monitaur’s web-application and immediately find, examine, and gain an understanding of any decision across all model versions and configurations. The company was founded in 2019 and is based in Boston, Massachusetts, USA.
TL;DR
Headquarters: Boston, Massachusetts
Founded: 2019
Employee count: 28
Domain: AI / model governance for regulated enterprises (insurance focus)
Recent funding: $12.66M total; Series A $6M (May 13, 2024)
Company Overview
Problem Domain
AI / ML governance, assurance, monitoring, and audit for regulated industries (notably insurance).
Founded
2019
Industry
Artificial Intelligence / SaaS (AI governance)
Funding Track Record
$6,000,000
Series A announced May 13, 2024; participation from Rockmont Partners, Defy VC, Techstars, and Studio VC.
$4,600,000
Funding announced March 15, 2023 listing participation from Rockmont Partners, Presidio Ventures, Plug and Play, and Studio VC.
$2,600,000
Seed round announced May 11, 2021 with participation from TechStars, MTech Capital, Hub Angels and others.
Investor Signal
“Has backing from institutional and early-stage investors including Cultivation Capital, Rockmont Partners, Defy VC, Techstars, Studio VC, MTech Capital, Presidio Ventures, Plug and Play”