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Bitfount

Federated AI & distributed data science platform

1-20 employees
  • Healthcare
  • B2B
  • Artificial Intelligence
  • Big data
  • Analytics
  • Machine Learning
  • SaaS
Bitfount, The Frames, 1 Phipp Street, London, EC2A 4PS

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Company mission

To make the world’s intractable data interactable.

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Data that is required to solve the world’s most glaring problems is unable to be shared easily. With the mission to make this data intractable, Bitfount has developed a data science platform that removes any barriers to collaboration without compromising on data privacy and quality.

This federated analytics and machine-learning platform is well equipped to successfully enable users to share, access and collaborate on datasets without disclosing any sensitive data given the pedigree of its founding team. One founder’s company VocalIQ was acquired by Apple, where he then served as Chief Architect for Siri Understanding, whilst the other served as CPTO for DueDil.

New seed funding, led by Ahren and Speedinvest, represents the growing demand for machine learning and analytics in every industry and, therefore, the inevitable growth. This capital will be used to compute product development and scaling operations

Benefits

  • Meaningful equity package
  • Hybrid Working policy - currently 1 day a week in our Shoreditch office
  • A personal budget for any equipment you need to do your job
  • 25 days’ holiday a year, plus bank holidays - please use them all!
  • Enhanced paid maternity, paternity and adoption leave
  • £300 annual personal learning budget to use on books, courses, conferences and more
  • Private Medical Insurance including optical and dental
  • Cycle to work scheme
  • Regular (totally optional) team and company events in and out of the office
  • Lunch on Bitfount once a week if you’re office-based

Company values

  • Embrace challenges - As a mission-driven team the human impact of our work is always front of mind, and so we actively embrace the challenges we encounter on our way to success
  • Better together - Collaboration is in Bitfount’s DNA, and our mission of unlocking value by enabling others to work together applies just as strongly to how we ourselves work
  • Default to trust - trust that people can work autonomously, that we know our expertise but also our limitations, and trust that we aren’t afraid to ask for help when we need it

Funding (1 round)

May 2022

$4.4m

SEED

$4.4m

Total funding

Founders

Naaman Tammuz

(CPO)

Previously worked as CPTO for DueDil and in Product for Alfa iQ.

Blaise Thomson

(CEO)

Previously founded and acted as CEO for VocalIQ Limited. Experience working as Director for Alfa iQ and Head of Cambridge Engineering Office for Apple.

Diversity & Inclusion at Bitfount

  • We aim for our workforce to be truly representative of all sections of society and our customers. Although we're an earlier stage business, we wanted to get a head start on our DE&I journey, with things like:
  • Advertising on sites that attract diverse candidates
  • A neuroscience talk to increase D&I in tech
  • Know Your Bias course by the award-winning Ed Tech The Other Box
  • Regular feedback surveys to make sure our people feel seen, supported and heard
  • Celebrating all life celebrations from buying a property to having a child