Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Narrative Science Scoops up $10 Million and Cracks Deal with USAA

by Eileen McNulty
December 1, 2014
in Machine Learning, News
Home Topics Data Science Machine Learning
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Narrative Science, an automated narrative generation innovator, has struck up a software licensing agreement with United Services Automobile Association. Their subsidiary also headed a fresh funding round along with existing investors like Sapphire Ventures (formerly SAP Ventures), Jump Capital and Battery Ventures, totally $10 million.

“USAA is a leader when it comes to providing its members with financial services and is always looking for ways to increase the effectiveness of the advice it provides,” explained Stuart Frankel, CEO at Narrative Science. “Our relationship with USAA will allow both companies to deliver highly-scalable solutions that will turn mountains of financial data into information that can be easily understood and acted on by millions of people.”

Using Artificial Intelligence technology, the Narrative Science Quill platform carries out data assimilation from disparate sources and creates written narratives, based on what might be significant to the end user. These narratives convey meaning from the data for any intended consumer or business audience, at unlimited scale.

Early on, it used its proprietary tech on ‘newspaper articles based solely on box scores.’ However, it has started mining enterprise software, finding usage in IT architectures within financial services and government agencies, Frankel told VentureBeat.

Narrative Science has raised $32 million in funding so far. Founded in 2010 in Chicago with 60 employees, its customers include organizations such as American Century Investments, MasterCard Advisors, the U.S. intelligence community and National Health Services (NHS) of England. USAA, provider of insurance, banking, investments, and retirement products to the U.S. Military and their families, utilizes the Quill platform to enhance the financial advice it provides to its members.


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


Read more here.

Follow @DataconomyMedia

(Image credit: Narrative Science)

 

Tags: AIFundingNarrative ScienceText Automation

Related Posts

How did ChatGPT passed an MBA exam

How did ChatGPT passed an MBA exam?

January 27, 2023
Google code red: ChatGPT and You.com like AI-powered tools threatening the search engine. Moreover, latest Apple Search rumors increased the danger.

Google code red: ChatGPT, You.com and rumors of Apple Search challenge the dominance of search giant

January 26, 2023
T-Mobile data breach 2023 explained: Learn how did the leak happen and explore T-Mobile data breach history. It is not the first time of the company

T-Mobile data breach 2023: The telecom giant got hacked eight times in the last six years

January 20, 2023
Microsoft layoffs 2023: Amazon job cuts that affect 11,000 employees explained. Big tech layoffs continue... Learn why and what will happen next.

Microsoft layoffs will affect more than 11,000 employees

January 18, 2023
Medibank Data Breach Class Action: Compensation can reach up to $20,000 per person

Medibank Data Breach Class Action: Compensation can reach up to $20,000 per person

January 16, 2023
What is DoNotPay AI Lawyer? The world's first robot lawyer ready to give $1 million to represent you. How does it work? Keep reading.

DoNotPay AI lawyer is ready to give $1 million for any case in US

January 12, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Fostering a culture of innovation through digital maturity

Nvidia Eye Contact AI can be the savior of your online meetings

How did ChatGPT passed an MBA exam?

AI prompt engineering is the key to limitless worlds

Transform your data into a competitive advantage with AaaS

Google code red: ChatGPT, You.com and rumors of Apple Search challenge the dominance of search giant

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.