- Series A financing raised $13M in 2022
- Founder and CEO Corey Jaskolski named National Geographic Explorer of the Year in 2020
- RAIC (Rapid Automatic Image Categorization) enables non-technical teams to build classification and detection models in minutes without labeled data
- Tested against traditional AI model building, RAIC is reliably at least 168 times faster.
Synthetaic is a VC-backed, end-to-end artificial intelligence company that works with leading companies and organizations to accelerate insights derived from AI. The company was founded in 2019 by Corey Jaskolski, inspired by his conservation work as a National Geographic explorer and fellow. After creating a 3D digitization of the endangered Sumatran rhino using a self-designed imaging system, Jaskolski set out to solve one of AI’s biggest pain points - the need for massive amounts of training data. The company’s initial work of generating synthetic data gave way to new technology that bypasses the need for training data altogether: RAIC (Rapid Automatic Image Categorization). This breakthrough has placed Synthetaic on a trajectory for rapid growth, resulting in considerable corporate and commercial legal needs which Scale attorney Steve Forbes has led from the company’s earliest days.
“RAIC automates the analysis of large, unstructured datasets and offers instant detection of anything, at scale,” explains Corey Jaskolski. Earlier this year, Synthetaic pinpointed a literal “needle in the haystack” - identifying and tracing the entire flightpath of a massive Chinese balloon detected over North America - by scouring or “RAICing” global satellite data leveraged from Planet Labs, a leading provider of global satellite imagery. “With this capability, our goal is to extend AI’s reach into the most critical areas of exploration and impact - medical research, defense, conservation, disaster relief, and more,” adds Jaskolski.
Bringing this vision to life has been a team effort. “Over the past year, we’ve had a number of critical business and contractual matters arise, and Scale’s legal team has been endlessly flexible and responsive in helping us meet our business objectives,” notes Dan Weise, Chief Financial Officer for Synthetaic. Scale attorney Amy Duvanich played a critical role in supporting the negotiation of partnership deals with industry giants including Planet; while Eric Blatt and Jeff Lord continue to provide on-going support of the company’s operational and compliance needs, including the company’s terms of service, privacy policy, and end user license agreement and government and defense sector work (ITAR export regulation and Small Business Innovation Research agreement with the U.S. Air Force).
Synthetaic envisions a future where the largest barrier to practical AI — the need for human data labeling, an intensely expensive and laborious process — is rendered moot. In addition to supporting industry, the company’s AI for Impact program, created back in 2019, continues to support humanitarian projects of all kinds.
