We are delighted to announce that Compellon is the latest company to join our portfolio, following our investment in their recent Series A round.
Based in Rancho Santa Margarita, CA, Compellon is a leader in creating powerful, yet easy to use, machine learning software tools that will enable the technology to become widely adopted.
“Compellon analyzes massive amounts of data and produces its results in a very short amount of time. While teams of data analysts may toil for months over their currently available statistical analysis tools, Compellon only takes minutes to come up with the same, if not more, insightful analysis.”
– Dr. Nikolai Lyashenko (Liachenko), Ph.D. – Chief Scientist at Compellon
At the heart of Compellon’s offering is a set of very complex artificial intelligence algorithms developed over two decades of work by its founders. The software that has been built to apply these algorithms empowers business analysts, with no data science background, no experience with managing big data, and no knowledge of employing predictive methods and models, to effectively predict business outcomes and prescribe solutions to business problems.
Compellon is able to do so by ingesting large amounts of data about the business, detecting key relationships between variables in this data, and recommending actions that will increase desired outcomes (customer satisfaction, sales, revenue, profit, etc.) with a very high confidence level. Moreover, it instructs the analysts about the variables that are the most correlative to the desired outcome, and educates them about how they act as predictors for such outcomes.
“Compellon analyzes massive amounts of data and produces its results in a very short amount of time,” says Dr. Nikolai Lyashenko (Liachenko), Ph.D., Chief Scientist at Compellon. “While teams of data analysts may toil for months over their currently available statistical analysis tools, Compellon only takes minutes to come up with the same, if not more, insightful analysis.”
“The applications of Compellon’s predictive analytics software are very broad and exciting, as their tools can be applied to all enterprises that collect data about their business in any meaningful fashion,” said James Demetriades, who will be joining the Compellon Board.
We are very excited about our investment in Compellon and would like to welcome them to the extended Kairos Ventures family.