Qloo Secures $25M in Series C Funding to Democratize Cultural AI Analytics.
Qloo stands at the intersection of culture and AI, providing anonymized consumer taste data and recommendations.
Company Name: Qloo
Location: NYC
Sector: Cultural AI
Funding Details: Raised $25M in Series C funding, led by AI Ventures, with participation from AXA Venture Partners, Eldridge, and Moderne Ventures.
Purpose of Investment: To broaden access to AI, with plans to introduce an accessible, self-service interface for consumer and taste analytics available to SMEs and individuals.
Leadership: Alex Elias, Founder and CEO
Product: Qloo offers an AI platform that predicts consumers' preferences and tastes across various cultural categories, such as music, film, television, dining, fashion, and travel. Utilizing machine learning, Neuroaesthetics, and extensive taste data, Qloo's API helps companies in diverse sectors enhance sales, optimize media buys, select real estate locations, and strengthen brand identities.
About Company: Qloo stands at the intersection of culture and AI, providing anonymized consumer taste data and recommendations. It powers both large corporations and SMEs in sectors ranging from entertainment to travel, facilitating better decision-making based on consumer preferences. Qloo also owns TasteDive, a cultural recommendation engine that helps users discover new favorites based on their preferences.
