USA – Bobidi, a Los Gatos, CA-based provider of an AI model test platform, raised $5.8M in Seed funding.
The round was led by Y Combinator, with participation from We Ventures, Hyundai Motors Group, ZER01NE, Scrum Ventures, New Product Experimentation (NPE), Meta, Lotte Ventures, and Atlas Pac Capital and angel investors.The company intends to use the funds to hire talent who will run the global bug bounty community, build the customer insight experiences, and develop various core machine learning technologies. Founded in June, 2021 by Jeong-Suh Choi and Soohyun Bae who left their jobs at Facebook and Niantic, Bobidi provides a solution that enables customers to connect AI models to the global bug bounty community via API in a secure way. The community can also test models and find biases (i.e. the edge cases that the models miss), through a seamless process that reduces the time needed for validation from months to a couple of weeks, if not days. Participants in Bobidi’s global community are also benefiting from using the Bobidi platform to earn rewards. In many countries, participants are able to make $10 to $20 per hour – which is substantially above local wages. On top of the rewards, participants will enjoy tricking the AI models (i.e. finding the edge cases in a creative way), teaming up with others, developing their own track records, and building their own identities in the community.14/07/2022
