AAICO is a leading AI technology company founded in 2021 by Arya H. Bolurfrushan, along with a team of Silicon Valley engineers, applied AI experts, and seasoned investment professionals. The AAICO team is rooted by its world-class engineers, with headquarters in the UAE and global leadership located across San Francisco, London, and Frankfurt. AAICO operates with a private equity mindset by launching, investing in, and applying proprietary AI technology to companies to unlock measurable value for investors. AAICO deploys a combination of capital and AI technology directly through both private and public investments, as well as through special situations such as acquiring distressed AI assets. AAICO targets businesses in regulated industries including, Insurance, Healthcare and Financial Services, which are document, process and resource heavy. Through targeted investments and partnerships with like-minded management teams, AAICO applies its proprietary AI technology to legacy business models to deliver measurable margin improvements.
Location: United Kingdom, England, London
Employees: 11-50
Total raised: $42M
Founded date: 2021
Investors 1
Funding Rounds 1
Date | Series | Amount | Investors |
16.11.2022 | Seed | $42M | - |
Mentions in press and media 4
Date | Title | Description | Source |
25.11.2022 | The Applied AI Company (AAICO) Secures US$42 Million in Fund... | The Applied AI Company (AAICO) has secured US$42 million in funding to further its growth in the US ... | aithority.... |
25.11.2022 | Reimagining regulated industries, The Applied AI Company rai... | London-based The Applied AI Company has raised $42 million in a seed round aimed squarely at propell... | tech.eu/20... |
24.11.2022 | The Applied AI Company Raises $42M in Funding | The Applied AI Company, a London, UK-based company that builds products for pharmaceutical, healthca... | finsmes.co... |
- | The Applied AI Company (AAICO) | “Enterprise-grade AI disrupting regulated industries.” | fastfounde... |