Kvasir Analytics

Summary

Born out of Cambridge University, Kvasir is an AI knowledge management software company which helps businesses improve the efficiency of their operations. Kvasir has completed user testing with Arm, the BBC, and the Home Office and has recently signed a commercial contract with Mott MacDonald.

• Cutting edge Artificial Intelligence knowledge management technology
• Raised £175k from an institutional & an early-stage investor in 2018
• Knowledge management is worth $366bn globally and growing at 20% YoY
• Founders from Cambridge University and Alan Turing Institute

Idea

The amount of information available to businesses today is overwhelming, both from internal resources and a vast array of external sources. Much of this information is unstructured which not only makes it difficult to find but users may even be unaware that vital information exists. It is estimated that Fortune 500 companies lose roughly $31bn/year by failing to share knowledge.

Knowledge management software is designed to help businesses store, organise, search and analyse this data. However, most of these solutions: 1) only search for public domain or indexed data 2) generate thousands of results 3) aren't integrated into the workflow 4) do not search across languages.

Using AI technology, Kvasir provides users with real-time relevant information while they are working. Eg. consider an engineer drafting a response to a product enquiry. Kvasir’s AI technology analyses the document continuously as they write their response, searching through complex public and private information and provides relevant information in real-time. This helps the engineer complete their work more efficiently, more accurately and with less risk. Based on the company’s market research, there are no known solutions available to business today that can do this.

Kvasir is raising funding to accelerate product development and sales. Cambridge Enterprise is investing a further £500k this round.

Team

Kvasir is founded by a team of pioneers in data science & artificial intelligence from the University of Cambridge and the Alan Turing Institute, the world’s leading research centre of artificial intelligence. With initial funding by Cambridge Enterprise Kvasir was augmented with a strong commercial team including a CEO and chairman who have both led tech companies to successful exits.

Jon Horden MBA - CEO

20+ years of senior leadership in the digital industry. Former SVP at Monster.com, CEO of PrismaStar (trade sale in 2015), founder and CEO of British Gas’ digital division Local Heroes, and CEO HomeServe Labs

Prof. Richard Mortier - Founder & CTO

President of Christ’s College. Reader in Computing & Human-Data Interaction at Cambridge University. Founder Vipadia Ltd. Advisor Unikernel Systems.

Dr Liang Wang - Founder

Senior researcher at Cambridge University, PhD in Computer Networks from the University of Helsinki. Former technical lead at Nokia research and Intel Software Innovator.

Prof. Jon Crowcroft (Part-time) - Founder

Marconi Professor of Communication Systems at Cambridge University’s Computer Laboratory. Chair of Programmes Committee at the Alan Turing Institute.

Dr Chris Doran - Chairman

Entrepreneur in Residence at Cambridge Enterprise and Director of Studies at Sidney Sussex College. Founder and CEO of Geomerics (successfully sold to Arm in 2013).