Kenyan startup KOSA AI has raised an undisclosed pre-seed funding round to help it build its automated responsible AI systems platform. The startup has raised a pre-seed funding round led by EchoVC Partners, with participation from APX, Dale Matthias, Fineday Ventures, TheContinent Venture Partners, and Arch Capital, in order to scale its platform.
KOSA AI, founded by Layla Li and Sonali Sanghrajka in Nairobi, enables organisations design or deploy more inclusive technology in healthcare, hiring and HR, credit and risk, and insurance.
With enterprises all over the world adopting AI solutions, one barrier to enterprise AI adoption is a lack of in-house experience in building and developing AI models, as well as managing data complexities. AI bias is one of the consequences of this, and it affects both large and small businesses.
Announcement: KOSA AI Secures Pre-Seed Funding to Combat AI Bias