York-based startup Causa has announced that it has secured a pre-seed six-figure investment. The funding round was led by AI specialist VC Twin Path Ventures, with participation from angel investors. Causa’s flagship product, CausaDB, is a causal AI platform that aims to empower developers by allowing them to integrate causal AI into their apps.
Causa was founded in 2023 by Professor Daniel Franks and Dr. Jordan Hart. The co-founders met five years ago while working at a research-intensive university, where they collaborated on machine learning research. They later pursued separate industry roles and became concerned with the limitations of standard AI in making accurate decisions. According to Franks, standard AI often gets confused when two things appear to be related, leading to incorrect decisions that cost businesses money and trust. Causal AI, on the other hand, can provide accurate insights and recommendations for achieving desired outcomes.
The company’s cloud-native platform, CausaDB, simplifies the process of building, managing, and deploying causal AI. This allows development teams to focus on the application of causal AI without the burden of managing complex infrastructure. The platform has applications across various industries, including healthtech, martech, retail, and logistics.
Twin Path Ventures, the lead investor in this funding round, expressed excitement about the potential impact of Causa’s technology across different sectors. They believe that Causa’s solution is both innovative and practical.
Causa’s pre-seed investment will enable the company to further develop and expand its platform, empowering more developers with causal AI integration.
