Boston-based machine learning platform DataRobot has pulled in up to $67m for its latest fundraise.
So far, the company has registered 18 unnamed contributors to the investment, according to the latest Securities and Exchange Commission filing.
The company is a machine learning platform to help data scientists build and develop predictive models for companies within the banking, FinTech, Insurance, public sector, healthcare, energy and other industries.
DataRobot compares algorithms, pre-processing steps, features, transformations, and tuning parameters to create the best models for companies.
With this latest capital injection, it brings total funds raised by DataRobot to around $222m. The company picked up a $54m Series C earlier this year, which followed its $33m Series B funding round in 2016.
Earlier this month the company announced it would be creating new features specifically for the insurance market to help solve the hardest cases in the sector.
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