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Parable Secures $16.5 Million to Enhance AI Data Transformation
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Heartspace News Desk
•Source: Forbes
Photo by josh A. D. on Unsplash
TL;DR
Parable, a new startup, has secured $16.5 million in seed funding led by HOF Capital. Founded by Adam Schwartz, Clinton Robinson, Steve Tam, and Alex Terrien, Parable enables enterprises to measure the productivity impact of their AI initiatives by integrating with software like Google Workspace and Salesforce.
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Key takeaways
- New York startup Parable has secured $16
- 5 million in seed funding, led by HOF Capital, to enable enterprises to accurately measure the productivity impact of artificial intelligence (AI) initiatives
- The company was founded by CEO Adam Schwartz, CTO Clinton Robinson, CMO Steve Tam, and COO Alex Terrien
New York startup Parable has secured $16.5 million in seed funding, led by HOF Capital, to enable enterprises to accurately measure the productivity impact of artificial intelligence (AI) initiatives. The company was founded by CEO Adam Schwartz, CTO Clinton Robinson, CMO Steve Tam, and COO Alex Terrien.
Parable addresses a critical challenge for businesses: demonstrating the return on investment (ROI) of their AI tools. Its platform integrates with existing software ecosystems, including Google Workspace and Salesforce, to quantify employee time allocation. This establishes a baseline of operational activity, allowing business leaders to effectively measure productivity changes pre- and post-AI implementation and identify opportunities for further automation.
Related Topics
fundingAIdata transformationParableventure capital
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