The Israeli Harvard professor who raised $30 million from Tiger Global and Sequoia to eliminate risks of AI
Professor Yaron Singer’s company Robust Intelligence develops an AI Firewall that monitors and prevents data that leads to errors and risks
Sophie Shulman | 16:00 10.12.2021
Venture capital giants Tiger Global and Sequoia Capital are leading a $30 million Series B funding round in a startup founded by an Israeli Harvard professor, Calcalist has learned. Robust Intelligence was founded two years ago by Yaron Singer, 42, an Israeli professor of computer sciences and applied mathematics from Harvard University. Sequoia Capital led both the Seed and Series A rounds, with the $3 million Seed round taking place prior to the Covid-19 pandemic and the $11 million Series A being completed a few months later in March 2020. Robust Intelligence develops an AI Firewall that envelopes the organization’s Artificial Intelligence (AI) model, monitoring and correcting data that causes mistakes and risks in real time. The product inspects the data before it is entered into the AI model using advanced machine learning techniques, alerting and correcting the data in real time, thus preventing the model from erring. The company employs around 50 developers in its San Francisco headquarters and is planning to begin recruiting employees in Israel following the latest round. Robust Intelligence already has dozens of clients, including major companies such as PayPal, Expedia, and Tokyo Marine, Japan’s largest insurance company. The company also has several clients from the financial and insurance sectors in Israel.