Etiq AI
Our product comprises algorithms that assess how robust the models employed by our business clients are, based on a deep understanding of the factors which constitute best practice definitions of fairness and accuracy. Our analysis, testing and modelling process is then able to provide uniquely practical solutions to mitigate the biases identified, resulting in greater market opportunities, and decreased compliance and reputational risk for our clients. Our target clients are a range of financial companies which are under increasing regulatory pressure to use models that make fair decisions, under competitive pressure to leverage the best returns from their customer data, and increasingly using algorithmic decision making. ETIQ is well positioned to provide a significant return on investment due to the favourable combination of: the attractive size of the financial sector; the lack of competition and solutions in this space; growing pressure to ensure fairness as defined both within legal/regulatory and business frameworks; and the typically favourable profit margin achieved by software companies.
Our product comprises algorithms that assess how robust the models employed by our business clients are, based on a deep understanding of the factors which constitute best practice definitions of fairness and accuracy. Our analysis, testing and modelling process is then able to provide uniquely practical solutions to mitigate the biases identified, resulting in greater market opportunities, and decreased compliance and reputational risk for our clients. Our target clients are a range of financial companies which are under increasing regulatory pressure to use models that make fair decisions, under competitive pressure to leverage the best returns from their customer data, and increasingly using algorithmic decision making. ETIQ is well positioned to provide a significant return on investment due to the favourable combination of: the attractive size of the financial sector; the lack of competition and solutions in this space; growing pressure to ensure fairness as defined both within legal/regulatory and business frameworks; and the typically favourable profit margin achieved by software companies.
Etiq AI has raised $300k across 1 round. Full funding history, investors, and team are detailed below.
Funding history
1 round on record.
Unlock the lead investor and full details for this round.
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