Home
Loading

aVenture is in Alpha: During this preview period, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to provide early access to our data to showcase the product as we build, but you should not yet rely upon it alone for your investment decisions.

aVenture is in Alpha: During this preview period, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to provide early access to our data to showcase the product as we build, but you should not yet rely upon it alone for your investment decisions.

Get in touch

  • Contact

  • Request a demo

  • Request data updates

  • Add a company

Research

  • Companies

  • Investors

  • People

aVenture

  • Sitemap

  • Feature requests

Member

Backed by

© aVenture Investment Company, 2026. All rights reserved.

San Francisco, CA, USA

Privacy Policy

aVenture Investment Company ("aVenture") is an independent research platform providing detailed analysis and data on startups, venture capital investments, and key industry individuals. It is not a registered investment adviser, broker-dealer, or investment advisor and does not provide investment advice or recommendations. The data provided by aVenture does not constitute recommendations or advice, whether by methodology, analysis, AI-generated content, or a statement written by a staff member of aVenture.

aVenture is not affiliated with any of the people, companies, organizations, government agencies, regulatory bodies, or investment funds we provide coverage for on this site unless explicitly stated otherwise. Users assume full responsibility for decisions made based on information obtained from this platform. Links to external websites do not imply endorsement or affiliation with aVenture. Any links that provide the ability to invest in a primary or secondary transaction in a company are for convenience only and do not constitute solicitations or offers to buy or sell an investment. Investors should exercise heightened precaution and due diligence when investing in private companies, especially those not independently audited.

While we strive to provide valuable insights with objectivity and professional diligence, we cannot guarantee the accuracy of the information provided on our platform. Before making any investment decisions, you should verify the accuracy of all pertinent details for your decision. To the fullest extent permitted by law, aVenture shall not be liable for any direct, indirect, incidental, consequential, or financial damages arising from use of this site, whether by consumers of its contents directly or by persons or organizations covered by our research, even if we are advised of the possibility. Our best-efforts processes and correction request forms do not create a warranty or duty of care.

Profiles on this platform may include content generated in part by large language models (LLMs, artificial intelligence) that aggregate publicly available sources (e.g., SEC EDGAR, public filings, press releases). Source attribution is provided where known; always verify statements and claims here against original sources before relying on any data. Content on our site may contain inaccuracies, omissions, or what are commonly called 'hallucinations' if generated in part or in full by AI / LLMs. The risk can also exist even when content is written by a human, as internal and third-party sources may also have inaccuracies for the same or different reasons. While we randomly audit a proportion of content, this is not exhaustive.

We recommend that an independent auditor be hired to verify the accuracy of the information before relying on it for any sensitive decisions. By accessing this platform, you agree not to rely solely on any information generated by AI, aggregated, or sourced or written otherwise on this site, for investment, financial, or other decisions. aVenture assumes no responsibility for inaccuracies, omissions, or hallucinations. You must independently verify all data from primary sources. Use of this platform constitutes your waiver of claims for reliance-based damages, including negligent misrepresentation. To report an error, request a correction, or dispute information about a company or individual, contact us via our request data updates form.

Loading
Loading
Home
News
Datasaur lets you build a model automatically from a set of labels

From TechCrunch

By Ron Miller

August 3, 2023

Datasaur lets you build a model automatically from a set of labels

Long before people were talking about ChatGPT and generative AI, companies like Datasaur were dealing with the nuts and bolts of building machine learning models, helping label things to train the model. As AI has taken off, this kind of capability has become even more important.

In order to bring model building to more companies without a data science specialist, Datasaur announced the ability to create a model directly from the label data, putting model creation in reach of a much less technical audience. It also announced a $4 million seed extension that closed last December.

Company founder Ivan Lee says the recent surge in AI interest has been great for the company, and actually plays well into the startup’s strategy. “What Datasaur has always strived to be is the best place to gather the training data that you need to feed into your models, whether they are LLMs, or traditional NER models, sentiment analysis or what have you,” Lee told TechCrunch.

“We are just the best interface for these non-technical users to come in and label that data,” he said.

The rise of LLMs is helping raise awareness in general about how AI can help in a business context, but he says that most companies are still very much in the exploratory stage, and they still need products like Datasaur to build models. Lee says one of his goals from the start has been to democratize AI, particularly around natural language processing, and the new model building feature should put AI in reach of more companies, even those without a specialized expertise.

“And this feature is one I’m particularly excited about because it allows teams without data scientists, without engineers to just mark up and label this data however they see fit, and it’ll just automatically train a model for them,” Lee said.

Lee sees this as a way to move beyond the initial target market of data scientists. “Now we’re going to open it up so construction companies, law firms, marketing companies, who may not have a data engineering background, but can still build NLP models [based on their training data].”

He says he has been able to limit the amount of venture investment he has taken — the previous seed was a modest $3.9 million in 2020 — because he operates leanly. His engineering team is mostly in Indonesia, and while he expects to hire, he takes pride in operating the company in an efficient manner.

“My philosophy has always been profitability, grow in a scalable manner, never grow at all costs,” Lee said. That means he considers every hire and the impact it will have on the business.

By having a remote, cross-cultural workforce, employees can learn from each other and that brings a diversity to the company by its nature. “There is a significant difference in the workplace culture between the U.S. and how things operate in Indonesia. And so one thing is we’ve had to be intentional about capturing the best of both worlds,” he said. That could mean encouraging Indonesian colleagues to speak up or push back on what a manager is saying, which is something they are loath to do culturally. “We’ve been very proactive about encouraging that,” he said.

But he says there’s a lot U.S. employees can learn about how things operate in Asia, as well, like respect for your colleagues and this culture of putting the team first, and he has had to help the teams navigate these cultural differences.

The $4 million investment was led by Initialized Capital with participation from HNVR, Gold House Ventures and TenOneTen. The company has raised a total of $7.9 million.

Most Recent

Neil Rimer thinks the AI money is coming back out

Neil Rimer thinks the AI money is coming back out

Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be redistributed, voluntarily or involuntarily.

Jul 17, 2026

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

Jul 17, 2026

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.

Jul 17, 2026

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series "Mafia," has joined the firm as a partner.

Jul 16, 2026

Similar Posts

Fixie wants to make it easier for companies to build on top of language models

Fixie wants to make it easier for companies to build on top of language models

Yet another startup hoping to cash in on the generative AI craze has secured an eye-popping tranche of VC funding. Called Fixie, the firm, founded by former engineering heads at Apple and Google, aims to connect text-generating models similar to OpenAI’s ChatGPT to an enterprise’s data, systems and workflows. Co-founder and CEO Matt Welsh describes […]

Mar 30, 2023

Illumex is using GenAI to ease pain of getting good data into LLMs

Illumex is using GenAI to ease pain of getting good data into LLMs

By now we know how crucial it is to have quality data for use by large languagenmodels (LLMs), but getting data ready for the models has been an early challengenfor companies, an opening that represents an opportunity for an enterprisingnentrepreneur. Enter Illumex, a two year old Israeli startup from the former VPn[…]

Jun 27, 2024

Dust uses large language models on internal data to improve team productivity

Dust uses large language models on internal data to improve team productivity

Dust is a new AI startup based in France that is working on improving team productivity by breaking down internal silos, surfacing important knowledge and providing tools to build custom internal apps. At its core, Dust is using large language models (LLMs) on internal company data to give new super powers to team members. Co-founded […]

Jun 27, 2023

Reka emerges from stealth to build custom AI models for the enterprise

Reka emerges from stealth to build custom AI models for the enterprise

Large language models (LLMs) like OpenAI’s GPT-4 are all the rage these days, owing to their unparalleled ability to analyze and generate text. But for organizations looking to leverage LLMs for specific tasks — say, writing ad copy in a brand’s style — their generalist nature can become a liability. When the instructions get too […]

Jun 27, 2023

Most Recent

Neil Rimer thinks the AI money is coming back out

Neil Rimer thinks the AI money is coming back out

Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be redistributed, voluntarily or involuntarily.

Jul 17, 2026

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

Jul 17, 2026

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.

Jul 17, 2026

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series "Mafia," has joined the firm as a partner.

Jul 16, 2026

Similar Posts

Fixie wants to make it easier for companies to build on top of language models

Fixie wants to make it easier for companies to build on top of language models

Yet another startup hoping to cash in on the generative AI craze has secured an eye-popping tranche of VC funding. Called Fixie, the firm, founded by former engineering heads at Apple and Google, aims to connect text-generating models similar to OpenAI’s ChatGPT to an enterprise’s data, systems and workflows. Co-founder and CEO Matt Welsh describes […]

Mar 30, 2023

Illumex is using GenAI to ease pain of getting good data into LLMs

Illumex is using GenAI to ease pain of getting good data into LLMs

By now we know how crucial it is to have quality data for use by large languagenmodels (LLMs), but getting data ready for the models has been an early challengenfor companies, an opening that represents an opportunity for an enterprisingnentrepreneur. Enter Illumex, a two year old Israeli startup from the former VPn[…]

Jun 27, 2024

Dust uses large language models on internal data to improve team productivity

Dust uses large language models on internal data to improve team productivity

Dust is a new AI startup based in France that is working on improving team productivity by breaking down internal silos, surfacing important knowledge and providing tools to build custom internal apps. At its core, Dust is using large language models (LLMs) on internal company data to give new super powers to team members. Co-founded […]

Jun 27, 2023

Reka emerges from stealth to build custom AI models for the enterprise

Reka emerges from stealth to build custom AI models for the enterprise

Large language models (LLMs) like OpenAI’s GPT-4 are all the rage these days, owing to their unparalleled ability to analyze and generate text. But for organizations looking to leverage LLMs for specific tasks — say, writing ad copy in a brand’s style — their generalist nature can become a liability. When the instructions get too […]

Jun 27, 2023