Cortical.io offers Natural Language Understanding (NLU) solutions based on Semantic Folding, a theory which opens a fundamentally new perspective to handling Big Text Data.
Inspired by the latest findings on the way the brain processes information, Cortical.io’s Retina Engine converts language into semantic fingerprints, a numerical representation that captures meaning explicitly and operates on it computationally. The Retina Engine compares the semantic relatedness of any two texts by measuring the overlap of their fingerprints. It can be easily customized for any language, domain or jargon and delivers results quickly, at low costs.
The intrinsic difference of Cortical.io’s algorithm makes it possible to solve many open NLU challenges like meaning-based filtering of terabytes of unstructured text data, real-time topic detection in social media or semantic search over millions of documents across languages.
Cortical.io was founded in 2011 and holds a broad general license for Numenta’s HTM technology. The company has offices in Vienna, Austria and in the San Francisco Bay area.
Location: Austria, Vienna
Member count: 11-50
Total raised: $18.15M
Founded date: 2011
Investors 1
| Date | Name | Website |
| - | Open Field... | ofcap.com |
Funding Rounds 4
| Date | Series | Amount | Investors | Deal News |
| 14.09.2021 | Series A | $6M | - | prweb.com/... |
| 03.03.2021 | - | $9.1M | - | tech.eu/br... |
| 29.10.2015 | - | $1.8M | - | finsmes.co... |
| 06.11.2014 | - | $1.25M | - | finsmes.co... |
Mentions in press and media 30
| Date | Title | Description | Source |
| 05.08.2023 | Startup Showcase: Cortical.io – Unleashing the Power of AI i... | Welcome to EUStartup.news, your gateway to exploring the most innovative startups in the European Un... | eustartup.... |
| 22.05.2023 | Cortical.io Integrates its NLP Technology Into Stagwell Mark... | Cortical.io announced that it has been selected as a vendor by The Stagwell Marketing Cloud (SMC), a... | aithority.... |
| 16.05.2023 | Cortical.io Integrates its NLP Technology Into Stagwell Mark... | “We were looking for an API that delivers highly accurate results while remaining affordable. Cortic... | prweb.com/... |
| 17.04.2023 | Cortical.io Recognized as Data Solution of the Year for Insu... | “Our meaning-based software helps leading insurance carriers automate document-centric workflows whe... | prweb.com/... |
| 25.10.2022 | Cortical.io Listed Among Most Innovative Companies in InsurT... | Our approach to intelligent document processing opens a whole new avenue of opportunities for insure... | prweb.com/... |
| 09.09.2022 | Cortical.io – Transforming Enterprise Workflows With Natural... | What the company does Cortical.io delivers AI-based solutions that streamline the extraction, class... | startuptof... |
| 12.07.2022 | Cortical.io Semantic Folding Approach demonstrates a 2,800x ... | Benchmark Results While large industries are determined to use less energy, the AI and ML industry i... | prweb.com/... |
| 01.03.2022 | Cortical.io Recognized in 2022 Gartner® Market Guide for Int... | Thanks to our different approach to NLU, our products can solve new use cases with comparatively lit... | prweb.com/... |
| 08.02.2022 | New Cortical.io Releases Address the Challenge of Intelligen... | We’ve built IDP solutions that are easy to customize and quick to implement in an enterprise environ... | prweb.com/... |
| 16.09.2021 | Goldman Sachs dives into fintech’s latest trend with GreenSk... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
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