Led by Raven Indigenous Capital Partners, Telegraph Hill
Capital, and Ripple Ventures—funding will fuel company's mission to
automate and simplify data cleaning
VANCOUVER, BC, May 22, 2024 /PRNewswire/ - Artemis, a
technology startup innovating data preparation to address data
quality challenges, today announced it has secured $1.5 million in pre-seed funding. The round was
led by Raven Indigenous Capital Partners, with participation from
Telegraph Hill Capital, Ripple Ventures, and other angel investors.
Artemis plans to use the funds to fuel its mission to simplify data
preparation and provide easier access to data cleaning for both
technical and non-technical users.
Artemis was founded in 2022 by Josh
Gray and William Shi with the
vision to create an easy-to-use platform that enables teams to
build, explore, and automate data-cleaning tasks using autonomous
AI agents. These agents can be easily manipulated on a
drag-and-drop canvas and deployed in an organization's data
warehouse. The Artemis platform accelerates data-cleaning processes
by up to 50 times, transforming how data-rich teams clean, manage,
and use their datasets.
"The winners in the world of AI are organizations that have
clean and accessible data. Today, the tools to clean and transform
data do not allow teams to scale their work fast enough to keep up
with the demand for insights and new AI products. Artemis is here
to change that," said co-founder, Josh
Gray.
"Raven Indigenous Capital Partners is proud to support Artemis—a
game-changing data technology company led by Indigenous co-founder,
Josh. We are impressed by the company's innovative platform, which
revolutionizes data cleanup and automation. Artemis also aligns
with our mission to empower Indigenous entrepreneurs," said
Althea Wishloff, General Partner of
Raven Indigenous Capital Partners.
"At Telegraph Hill Capital, we realized across our portfolio how
crucial clean and high-quality data is for our businesses who want
to scale new AI products. When we met with Artemis, it was clear
this was a team and company we wanted to work with," said
Luis Gutierrez Roy, Managing General
Partner of Telegraph Hill Capital.
The Artemis platform is already adding valuable impact for B2B
e-commerce and healthcare markets through successful
proof-of-concept engagements with companies like Matter Inc., a
growth platform for e-commerce brands, and AlayaCare, a global
technology platform for home and community-based care. Through
these relationships, Artemis is positioned to expand its reach and
serve an even broader range of clients for their data automation
journeys.
"As a proud Indigenous-led company, this funding allows Artemis
to continue growing, innovating, and adding a wider expanse of
features to penetrate new markets," said Josh Gray, CEO at Artemis. "Our
fast-growing team is deeply grateful for the trust and confidence
this group of investors and angels have placed in our company,"
added Gray.
To learn more about Artemis, how to integrate the Artemis
platform, or explore career and engagement opportunities, visit:
artemisdata.io
About Raven Indigenous Capital Partners
Established in
2018, Raven Indigenous Capital Partners is an Indigenous-led and
owned social finance intermediary headquartered in Vancouver. Raven works in partnership with
Indigenous enterprises and social purpose organizations to
accelerate their success by providing access to capital and bespoke
technical assistance within an Indigenous cultural framework.
Ultimately, Raven aims to achieve a positive and lasting impact on
the Indigenous economies.
About Telegraph Hill Capital
Telegraph Hill Capital
(THCAP) is a venture capital firm that backs early-stage tech
entrepreneurs with an entrepreneurial spirit. Its partners leverage
industry connections and expertise to help portfolio companies
thrive. THCAP focuses on fast-growing tech startups in North America and Western Europe, focusing on software products,
apps, and digital platforms. TCH leads seed and pre-seed rounds,
preferring B2B models, and supports entrepreneurs throughout their
journey, providing follow-on rounds and backing later-stage
founders with strong relationships. For more information, visit:
https://www.thcap.com/.
About Ripple Ventures
Ripple Ventures is the leading
pre-seed B2B software fund backing companies at the earliest stages
in North America. The fund leads
financing rounds with high conviction, writing $500-750K USD
checks. Ripple helps founders around the inception to pre-revenue
stages navigate the most challenging steps of finding product
market fit.
About Artemis
Artemis is a Vancouver-based company in Canada. Founded in 2022, the Artemis platform
empowers data teams to deploy cutting-edge AI agents that automate
data cleanup tasks using pre-built knowledge graphs on a
user-friendly canvas. The Artemis platform enables data engineers
to deliver insights and AI products faster in healthcare and B2B
technology organizations. For more information, contact:
hello@artemisdata.io or visit www.artemisdata.io.
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SOURCE Raven Indigenous Capital Partners Inc.