Zerve, a Dublin-based start-up specializing in data science and artificial intelligence, has secured $3.8 million in pre-seed funding to enhance its research and development capabilities. The company plans to expand its staff, doubling its current team of 12 over the next year to support its engineering, cloud infrastructure, and research and development teams.
Zerve’s co-founder Phily Hayes described the company’s architectural vision as one that promotes exploratory data analysis and the development of production-quality code. He believes that data science should transition from a solo pursuit to a multiplayer endeavor, similar to Figma which allowed designers to collaborate in real-time. This new funding allows Zerve to realize and capitalize on this vision.
Elkstone Ventures led the pre-seed round with contributions from angel investors including Algolia CTO Sean Mullaney and former DataRobot EVP of engineering Rob Hickey. Niall McEvoy, partner at Elkstone Ventures praised Zerve’s ambition to bridge the gap between data science and AI development, emphasizing the potential for its technology to break down silos and harness the power of AI and data science. Zerve has also been selected as one of the 10 European start-ups for the Intel Ignite Accelerator program, designed for deep-tech companies.
Mr. Hayes identified fragmented tools available to data scientists as a productivity hindrance. He hinted at the need for a unified platform like Zerve’s to address this issue and positioning itself perfectly to do so.
The goal of Zerve’s platform is to facilitate collaboration among data science and AI development teams by providing a cloud-based serverless environment that enhances live collaboration