Tipperary based start-up Zerve has raised $3.8 million in pre-seed funding

Data Science & Artificial Intelligence start-up Zerve has raised $3.8 million in pre-seed funding. Based in Clonmel the company was set up in 2021 by Philly Hayes, Jason Hillary and Greg Michaelson.

Irish data science and artificial intelligence start-up Zerve has raised $3.8 million in pre-seed funding that will strengthen its research and development function.

The company also plans to increase its staff numbers, doubling the current 12 in the next year as it adds to its engineering, cloud infrastructure, and research and development teams.

The company has created a platform to enable collaboration between data science and AI development teams, facilitating sharing in a cloud-based serverless environment so they can collaborate live and build something stable enough to deploy.

Niall McEvoy, partner at Elkstone, said:

“Zerve has an ambitious vision of bridging the gap between data science and AI development. The team has built a technology that will really allow companies to break down silos and harness the power of AI and data science and has the potential to do to data science what Figma did for design.”

Philly Hayes said:

“Data scientists have never really been able to seamlessly share both their code and their results with their colleagues. The existing tools available are fragmented. It makes it hard to be productive. With Zerve, all the teams can collaborate live and build something stable enough to deploy. In much the same way as Figma made design collaborative, Zerve is poised to bring this innovation in the data science coding space.”