Seattle entrepreneur Connor Folley has teamed up together with his brother Maxwell Folley to construct out Alkemi, an AI platform that goals to let staff question their group’s information in plain English — with out technical abilities or danger to proprietary info.
Folley beforehand co-founded Downstream, an Amazon promoting analytics startup acquired by Jungle Scout in 2021.
He spent two years at Jungle Scout, which provides instruments for Amazon sellers, and stated he noticed “how the world’s most beneficial information remained trapped, out of attain for the frontline staff who wanted it most.”
Alkemi’s expertise is designed to assist non-technical staff make selections instantly from firm information. The corporate’s product, DataLab, connects on to platforms like Snowflake, Databricks, and Looker, and may also be built-in into AI brokers and apps via MCP-compatible endpoints.
The corporate stated it goals to supply the pace and usefulness of instruments like ChatGPT with out the privateness tradeoffs that come from importing proprietary recordsdata to public fashions.
DataLab doesn’t add or prepare on buyer information, and its solutions embrace traceable logic and sources.
Alkemi enters a crowded and fast-moving market. A rising wave of startups and enterprise distributors are pitching “AI copilots for information,” promising to democratize analytics whereas protecting info safe.
The 7-person firm has raised $1.65 million in pre-seed funding, led by Tuesday Capital with participation from DNX, MGV, and different angel buyers — all of whom beforehand backed Folley at Downstream.
Earlier than launching Downstream in 2018, Folley was a advertising and marketing supervisor at Amazon. Maxwell Folley offered his final startup Caravel, a conversational intelligence platform, to Commsor.
Keep forward of the curve with NextBusiness 24. Discover extra tales, subscribe to our publication, and be part of our rising neighborhood at nextbusiness24.com