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Enterprise Infrastructure Series B Founded 2015

42Maru

42Maru is an AI deep tech startup that develops a Deep Semantic TA and QA Platform that understands the true intention of a user question to provide a single answer from a large unstructured data set. The company offers three main solutions: QA42, an AI-based Question Answering solution; CHAT42, a conversational AI chatbot with natural language understanding support tools; and NL42, a natural language processing…

📍 Seoul, South Korea · Cognitive Computing,

Funding snapshot

Last roundSeries B
Amount$9M
Date8 May 2024
Total raised$9M
Team size31

About

42Maru is an AI deep tech startup that develops a Deep Semantic TA and QA Platform that understands the true intention of a user question to provide a single answer from a large unstructured data set. The company offers three main solutions: QA42, an AI-based Question Answering solution; CHAT42, a conversational AI chatbot with natural language understanding support tools; and NL42, a natural language processing technology. The platform provides cognitive search and conversational technologies for large enterprises, enabling knowledge management through AI-based search, AI-powered chatbots for customer support, and question-answer interactions with high accuracy for smart devices. 42Maru technology automatically searches and compares content within documents, supporting use cases such as AI document search and comparison, customer AI-based chatbots, standard specification comparison for engineering, and contract comprehension and comparison. The company has been selected by Techstars London 2018, won the AWS AI Challenge Award, reached rank number one in the SQuAD 2.0 competition at Stanford University, and won the Innovation Award in 2019. The company thesis was adopted by the Association for Computer Linguistics. Founded in 2015 and headquartered in Seoul, South Korea, 42Maru has raised approximately 9.3 million at the Series B stage with investors including Hana Financial Group, Industrial Bank of Korea, SpringCamp, LG U+, Hancom Secure, Korean Development Bank, NAVER Cloud, and Techstars.

Business model

Cognitive Computing > Applications > Cognitive Search,

Business Intelligence > Unstructured Data Analytics > Text Analytics > Internal > Knowledge Platform,

Big Data Analytics > Data Discovery & Visualization > Discovery > Knowledge Platform,

Customer Service Software > Customer Self Service > Chatbots > Text Based,

Chatbots > Industry Agnostic > Customer Support > Text Based

Institutional investors

Hana Financial Group Industrial Bank of Korea SpringCamp LG U + Hancom Secure Korean Development Bank NAVER Cloud Techstars

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