TAZI.AI has announced the official launch of its Machine Learning (ML) solutions built on its SaaS ML Platform for the insurance, healthcare, and pharma industries.

As part of its debut, TAZI.AI received a USD 4.6 million funding round led by Illuminate Ventures, an Enterprise/B2B software-focused seed-stage VC. Currently, TAZI assists insurance firms in realizing the benefits of machine learning through its lead scoring, cross-sell, and profitability monitoring solutions, which boost their revenues, reaction times, and efficiency.

Illuminate Ventures is leading the current investment round, including participation from Diffusion Capital Partners, Foothill Ventures, Handshake Ventures, and angel investors. The company stated that the funding will allow them to develop their team and enterprise customer base.

Read More: TAZI.AI Launches Adaptive Machine Learning Solutions to Speed up and Democratize Machine Learning

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