Sapien AI Raises $5M in Seed Funding

Toronto-based company, Sapien AI Corp., has secured $5 million in seed funding. The investment round featured contributions from Primitive Ventures, Animoca, Artichoke Capital, and Yield Guild Games.

Sapien, led by Trevor Koverko, Henry Chen, and Kelly Ryan, is creating the world’s largest network of human data labelers. The platform will be utilized by the AI industry to power high-performance models.

Using Human Data Labelers to Power AI

The company’s mission is to build the world’s largest network of ‘Sapiens’. This term refers to the millions of humans across the globe who will provide the data to power essential AI models. Koverko, co-founder of Sapien, stated that the funding will be used to expand the team and frontend labeling infrastructure. The goal is to provide better quality data for a growing list of enterprise customers.

Sapien’s platform has already attracted a diverse range of customers from the rapidly growing AI data industry. These clients span multiple sectors, including healthcare, web3, education, and leading LLMs.

Gamifying Data Labeling

Sapien AI was founded in 2023 and has quickly established itself as a trusted partner for businesses developing efficient AI models. The company’s innovative approach to data labeling involves gamification and blockchain-based rewards. This strategy incentivizes its global network of human labelers to provide accurate annotations.

Future Development and Investment Confidence

With the new funding, Sapien plans to continue developing its gamified labeling infrastructure and set a new standard for human-AI collaboration. Additionally, the company aims to make its labeling infrastructure open-source.

James Ho, Head of Animoca Ventures, expressed his confidence in Sapien’s innovative approach to data labeling. He believes that the team’s deep understanding of the market and commitment to customer success will make them an ideal partner for companies aiming to train their AI models with the best data possible.