Datomize provides an AI-powered rules-based engine to create synthetic data to accelerate and streamline the development, training, and testing of AI/ML models and applications. The platform preserves the behavioral features of the original production data without violating personal privacy regulations, which is required by companies in highly regulated industries such as financial services.
The platform leverages behavior information from existing data to automatically create synthetic training data sets that can be used for any scenario as well as to extract insights, simulate future scenarios, analyze trends, and predict outcomes. Additionally, it employs GenAI to generate data even for scenarios that lack previous examples. Datomize also provides advanced augmentation capabilities and validation tools to visualize the similarity between original and replicated data sets.
Dataomize provides its platform under a SaaS subscription model starting from USD 720 per month and a free plan with limited features.
Key customers and partnerships
The company partnered with AllianceBlock, an infrastructure provider for decentralized tokenized markets, to integrate its data replication and synthesization tools into the latter’s data-sharing marketplace.
Funding and financials
In February 2021, the company raised USD 6 million in a seed funding round led by TPY Capital. The funds were utilized to commercialize its synthetic data solution to accelerate time to market for AI/ML models and new products.
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