Specializing in the creation of artificial intelligence solutions, the Franco-American start-up MondoBrain has just completed a Series A fundraising of $13.3 million. This operation was piloted by Financière Japia with, in Europe, the participation of the Finamar fund, while in the United States, financing was provided by a group of investors led by Noreen Harrington, a former director at Goldman Sachs. With this capital, the company plans to accelerate its marketing and commercial development, particularly internationally, and to invest in its R&D activities.

Founded in 2014 by Augustin Huret, a poFrench high school student and mathematician, Mondobrain has based its headquarters in the USA. The company of around thirty employees has developed a decision support tool combining artificial, human and collective intelligence. Equipped with an intuitive interface, its solution has a computing power multiplied by exclusive algorithms and easy integration into existing systems. Three years after launching it, the start-up has around fifty clients to its credit, including BNP Paribas, Airbus, Johnson & Johnson and Sanofi.

Technology awarded by BNP Paribas and Airbus

“In a context marked by the rapid development of artificial intelligence which generates fears and anxieties, MondoBrain offers a new approach to AI at the service of professionals which allows everyone to integrate their experience and intuitions and helps them to take collective decisions for a totally consensual implementation”, explains Augustin Huret, president and founder of the company, in a press release.

In 2018, his company received the BNP Paribas Personal Finance Innovation Trophy for pioneering new ways of working. Another distinction, the Airbus Helicopters Quality Award May 2018, was awarded to a team that used MondoBrain’s technology to decisively improve the manufacturing quality of its composites. Jean-Luc Dulayet, director of the Finamar fund, says that beyond his investment in Mondobrain, he intends to make this technology a key asset in the success of his tourism business, and thus demonstrate that Augmented Intelligence is accessible. to SMEs, right now. Finally, through her presence on the company’s board of directors, Noreen Harrington will bring her vision of the North American market.