Text IQ

AI platform for managing sensitive information

New York City, New York, United States

About Text IQ

Text IQ helps organizations manage and protect sensitive information using artificial intelligence and machine learning. Their main product, "The AI Brain," utilizes natural language processing and social network analysis to organize unstructured data, such as emails and social media posts. This technology accurately identifies and categorizes sensitive information, which aids clients in reducing the time, cost, and risk associated with data management. Unlike competitors, Text IQ's platform improves over time through a feedback loop, enhancing its efficiency as it processes more data. The company's goal is to provide significant value to clients in the legal and privacy sectors by automating document review and helping them comply with regulations.

New York City, New YorkHeadquarters
2001Year Founded
$15.2MTotal Funding
SERIES_ACompany Stage
Cybersecurity, AI & Machine Learning, LegalIndustries
51-200Employees

Benefits

Unlimited Discretionary PTO
Fun, diverse, open-minded coworkers
High level of autonomy
Training, mentorship, and coaching from leadership
Company-paid health & dental insurance with optional vision, life, and disability choices
WFH Stipend
Annual Bonus Opportunity
Referral bonus

Risks

Emerging AI startups threaten Text IQ's market share in unstructured data management.
Rapid AI evolution may require significant R&D investment for Text IQ.
Integration challenges post-acquisition by Relativity could affect Text IQ's performance.

Differentiation

Text IQ uses advanced NLP to manage unstructured data effectively.
The AI Brain platform continuously improves through a feedback loop, enhancing efficiency.
Text IQ specializes in AI solutions for legal and privacy sectors, serving top clients.

Upsides

Growing demand for AI-driven privacy solutions boosts Text IQ's market potential.
Partnerships with legal service providers enhance Text IQ's service offerings.
Text IQ's acquisition by Relativity expands its resources and market reach.

Funding

Total raised$15.17 M
Latest valuation$63.00 M
StageSERIES_A