PROWLER.io’s AI platform – VUKU – is regarded as ideally suited for autonomous decision-making in complex, dynamic and uncertain environment such as financial markets, transportation & logistics, ridesharing, smart cities and robotics.
It includes a comprehensive set of AI patent-pending tools and technologies to address varied requirements across all these applications.
While traditional approaches to problem-solving often rely on machines learning from vast, historic data sets, PROWLER.io is data efficient, and learns in real-time.
In May 2019 PROWLER.io raised an additional $24 million from new and existing investors, valuing the company at $100m. The investors in the new round include Amadeus Capital Partners, Atlantic Bridge, Cambridge Innovation Capital, Mandatum Life, Passion Capital, Pearson, RB Capital, SGInnovate, and Tencent.
The strategic partnerships and funds will be used to support PROWLER.io’s recent product expansion and growth, with the company continuing to expand into a wide range of industry verticals, including finance, logistics and education.
PROWLER.io was founded in 2016 by mathematicians and engineers following years of research into machine intelligence, probability theory and multi-agent problems. It now has 110 employees from 29 countries.
The company’s CEO, Vishal Chatrath, was previously head of automotive at Nokia, founder of Chleon Automotive and chief business officer of VocalIQ, which was snapped up by Apple in 2015. PROWLER.io chairman, Carl Rasmussen, is Professor of Machine Learning at the University of Cambridge’s Department of Engineering.