Allganize is a technology company that specializes in developing artificial intelligence (AI) solutions for businesses. Founded in Silicon Valley in 2017, the company leverages natural language processing (NLP) and machine learning to automate various business workflows. Allganize's flagship product is Alli, an all-in-one platform for enabling large language models (LLMs). The platform includes features such as an AI chatbot, cognitive search, and automation tools designed to streamline customer support, operations, and knowledge extraction.
The company's AI solutions are designed to understand context and extract information from unstructured documents without requiring complex pre-settings or manual tagging. This approach allows for quick implementation and high accuracy in information retrieval. Allganize's technology can process various document formats, including Excel, PowerPoint, and PDF, making it versatile for different business needs. In February 2023, Allganize introduced Alli GPT, an AI solution that integrates OpenAI's GPT-3.5 API to provide improved summaries and overall understanding of information. The company also launched Alli for Invoice, a cloud service that uses AI to automatically extract information from invoices, regardless of their format.
In December 2023, Allganize secured USD 20 million in Series B funding, bringing its total funding to USD 35 million. The company plans to use this investment to expand its corporate-specific LLM app markets and enterprise automation AI in the US, Korea, and Japan. Allganize has set a goal of listing on the Japanese Stock Exchange by 2025. As of 2023, the company operates offices in Houston, Seoul, and Tokyo, serving a global clientele across various industries.
Key customers and partnerships
Allganize's AI solutions have been adopted by over 200 enterprise and public companies globally. Notable clients include Sumitomo Mitsui Banking Corporation, Nomura Securities, Hitachi, Fujitsu, and KB Securities. In the financial sector, Nomura Securities integrated Allganize's AI chatbot Alli into its OneStock app, improving FAQ response accuracy and reducing operational staff requirements.
The company has also partnered with Sumitomo Mitsui Banking Corporation (SMBC) to develop Alli for Green, a service launched in January 2023 that uses AI to streamline data collection for calculating greenhouse gas emissions. Other clients across various industries include Glico, OP.GG, and Mitsubishi Chemical Group, who have reported improvements in employee self-service tools, personalized information delivery, and IT issue resolution times respectively.
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