Applied XL raises $1.5 M to develop ‘editorial algorithms’ that track real-time data

by RJ Shara | Apr 22, 2021 | Fundings and Exit, Startups

AppliedXL, a start-up creating machine learning tools with what it describes as a journalistic lens, is announcing that it has actually raised $1.5 million in seed financing. Emerging from the Newlab Venture Studio in 2015, the company is led by CEO Francesco Marconi (previously R&& D chief at The Wall Street Journal) and CTO Erin Riglin (previous […] , the business is led by CEO Francesco Marconi (previously R&D chief at The Wall Street Journal) and CTO Erin Riglin (previous WSJ automation editor). He suggested that it makes sense to begin with life sciences because there’s both a clear requirement and high need.”With industry leading real-time data pipelining, Applied XL is developing the tools and platform for the next generation of data-based choice making that service leaders will rely on for years,” stated Tuesday Capital Partner Prashant Fonseka in a statement. …