Fairgen raises $8M for statistically accurate AI-generated survey responses
TEL AVIV, Israel, May 9, 2024 /PRNewswire/ -- Fairgen, the company generating accurate AI responses to surveys, has raised $8 million to date in Seed funding, led by Maverick Ventures Israel, with participation from Tal Ventures, IGNIA and Creator Fund to move consumer insights into the AI era. The company is launching FairBoost, its flagship solution that doubles the size of under-sampled segments using predictive synthetic responses.
- The company is launching FairBoost, its flagship solution that doubles the size of under-sampled segments using predictive synthetic responses.
- In some cases, researchers must go back and pay a premium to collect more responses from underrepresented groups in the study.
- The model learns the relationship between the different surveyed groups and can extrapolate from the larger groups, generating new responses for niche groups in minutes that are mathematically guaranteed to be statistically accurate.
- Fairgen was founded by Samuel Cohen, a former research scientist at Meta, and serial entrepreneurs Benny Schnaider & Michael Cohen.