Search company, investor...

Founded Year

2014

Stage

Series B - III | Alive

Total Raised

$46.2M

Last Raised

$14.65M | 25 days ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+240 points in the past 30 days

About Kyndi

Kyndi is an artificial intelligence company. It uses machine learning to automate regulated business processes and offer auditable artificial intelligence systems for government, financial services, and healthcare. It was founded in 2014 and is based in San Mateo, California.

Headquarters Location

63 Bovet Road Suite 332

San Mateo, California, 94402,

United States

650-437-7400

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Kyndi's Products & Differentiators

    Kyndi Cognitive Search Platform

    A cloud AI platform powered by industry-leading cognitive search and discovery capability that understands the true intent of a business user question

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Expert Collections containing Kyndi

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Kyndi is included in 5 Expert Collections, including Regtech.

R

Regtech

1,453 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.

R

Robotic Process Automation

322 items

RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.

A

AI 100

199 items

Winners of CB Insights' annual AI 100, a list of the 100 most promising AI startups in the world.

A

Artificial Intelligence

10,987 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

G

Game Changers 2018

36 items

Our selected startups are high-momentum companies pioneering technology with the potential to transform society and economies for the better.

Kyndi Patents

Kyndi has filed 14 patents.

The 3 most popular patent topics include:

  • machine learning
  • quantum mechanics
  • artificial intelligence
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/20/2018

11/28/2023

Quantum mechanics, Quantum measurement, Network management, Country code top-level domains, Computer networking

Grant

Application Date

2/20/2018

Grant Date

11/28/2023

Title

Related Topics

Quantum mechanics, Quantum measurement, Network management, Country code top-level domains, Computer networking

Status

Grant

Latest Kyndi News

Generative AI search: preventing defects and creating an answer engine

Nov 7, 2023

The conversation of hallucinations is a necessary hurdle for any and all organizations attempting to leverage the power of large language models (LLMs). Harman posed a threatening scenario: Your LLM integrated into your search system shows users a hallucinated, non-factual answer, even though your relevance system worked perfectly, and you grounded the model with search results. All the carefully constructed trust that your organization has cultivated is thereby eradicated. These hallucinations are also known as defects, where “a defect is any difference between what a user expects from your system and what your system is able to provide,” explained Harman. “The reason you care about defects is because it directly impacts your user satisfaction and affects your brand reputation.” There are various categories for defects—generation defects, capability expectation mismatch, user preference, and retrieval defects. For the purposes of the presentation, Harman focused on generation defects. Generation defects, aka hallucinations, are either unfaithful or incorrect. Unfaithful defects are made up and unsupported by the available context, where incorrect defects are discrepancies in the model where the model cannot provide the correct response. Harman warned against LLMs that use or generate numbers, explaining that LLMs are fundamentally not designed to handle quantities. They will often assume that two similar numbers are the same, leading to obvious query failures. Generation defects can be mitigated by: Prompt statements that use provided content only If there is not enough information, say so Set the model temperature to 0.0 Include passage metadata in prompt context Harman also emphasized the importance of source quality, where generation ultimately depends on the metadata that the ingestion consumes. Without this metadata, the answers generated will likely be wrong. “The more noise you feed into the model, the more complex a task it’s given, and the more likely it is to make a mistake,” said Harman. You can’t completely mitigate against defects, as people will attempt to leverage the LLM system for something it simply cannot do. With UX and guardrails, you can reduce the amount of defects and create a more trustable search system, according to Harman. “Anyone heard of generative AI?” Welsh joked, emphasizing the massive proliferation of GenAI technologies on the market. Despite this growth, Welsh pointed out that many of the current GenAI search solutions are yielding poor search outcomes, ranging from siloed knowledge management, duplicate and inconsistent content, and poor visibility into user’s needs. Welsh echoed Harman’s earlier point, explaining that “the quality of the information that comes out of the LLM and the likelihood of hallucination is dependent on the input information.” Ultimately, you can’t throw an LLM at everything and expect it to “fix” something; if you don’t have quality input, you won’t have quality output. Welsh then introduced the Kyndi Generative AI Answer Engine, which takes knowledge from human experts and encodes that information into the representation. This unique approach also features explainability, domain-specific answers in minutes, all at a lower cost. “We’ve [Kyndi] thought about all those defects that Harman just spoke about,” said Welsh. “When you’re using our complete, end-to-end network, the experts at Kyndi are thinking about all of those defects for you so you don’t have to.” Kyndi takes all the vectors provided into a graph structure, capturing semantic and contextual information that vectors alone cannot capture. This neuro-symbolic approach to AI provides explainability in the results, where summarized answers are directly rooted in enterprise content to ensure that there are no hallucinations. KMWorld returned to the J.W. Marriott in Washington D.C. on November 6-9, with pre-conference workshops held on November 6. KMWorld 2023 is a part of a unique program of five co-located conferences, which also includes Enterprise Search & Discovery, Enterprise AI World, Taxonomy Boot Camp, and Text Analytics Forum. Free

Kyndi Frequently Asked Questions (FAQ)

  • When was Kyndi founded?

    Kyndi was founded in 2014.

  • Where is Kyndi's headquarters?

    Kyndi's headquarters is located at 63 Bovet Road, San Mateo.

  • What is Kyndi's latest funding round?

    Kyndi's latest funding round is Series B - III.

  • How much did Kyndi raise?

    Kyndi raised a total of $46.2M.

  • Who are the investors of Kyndi?

    Investors of Kyndi include PivotNorth Capital, UL Ventures, Intel Capital, Plug and Play Fintech Accelerator, Darling Ventures and 5 more.

  • Who are Kyndi's competitors?

    Competitors of Kyndi include Instabase, Ontotext, Quid, Yseop, Viasema and 7 more.

  • What products does Kyndi offer?

    Kyndi's products include Kyndi Cognitive Search Platform.

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