Utopia Analytics closes EUR 1.2M from Vendep to further develop a SAAS AI-based moderation tool.
Utopia Analytics, a Helsinki, Finland-based startup working on a text analytics software tool, announced closing in an EUR 1.2M ($1.4M) investment funding round.
Utopia Analytics, led by CEO Mari-Sanna Paukkeri, launched in 2016 a tool that provides fully automated real-time moderation, by saving a great deal of human moderation work.
The company does this with a scalable SaaS language service based on artificial intelligence and machine learning which does automatic processing, analysis and visualization of huge unstructured text corpora of any language. Utopia Analytics has customers in Finland, including Schibsted and Aller Media.