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§ Private Profile · San Jose, CA, USA
Global AI data solutions company delivering high-quality data annotation and labeling for Fortune 500 companies, with an inclusive workforce.
iMerit is an AI data solutions company based in India with global operations, specializing in providing high-quality data annotation and labeling services for machine learning and artificial intelligence applications. The company has raised $23.5 million in funding to date and employs over 5,500 people worldwide, serving Fortune 500 companies across various industries. It operates with a focus on inclusive workforce practices, with 80% of its talent sourced from underserved communities and 54% being women. Radha Ramaswami Basu serves as its Founder and CEO, having led the company through its two funding rounds. iMerit was founded by Radha Basu, emerging from the Anudip Foundation initiative, which was established in 2007 by Dipak Basu. Its business model centers on iMerit generates revenue by providing AI data solutions and services to enterprise clients. The company has raised $23.5 million in funding to date.
iMerit has raised $32.8M across 2 funding rounds.
iMerit has raised $32.8M in total across 2 funding rounds.
iMerit has raised $32.8M across 2 funding rounds. Most recently, it raised $12.8M Other Equity in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 30, 2021 | $12.8M Venture Round | British International Investment | — | Announced |
| Feb 18, 2020 | $20M Series B | Nick O’donohoe CMG | Khosla Impact, Michael & Susan Dell Foundation, Omidyar Network | Announced |
iMerit has raised $32.8M in total across 2 funding rounds.
iMerit's investors include British International Investment, Nick O’Donohoe CMG, Khosla Impact, Michael & Susan Dell Foundation, Omidyar Network.