Former top executives from IBM Watson, GE Digital, Infosys and MicroStrategy announced last week that they have joined forces with TPG Growth to launch Noodle Analytics, Inc., the Enterprise Artificial Intelligence company.
Enterprise AI™ represents a major step forward in merging human learning and machine learning, all fueled by big data. Noodle.ai’s Enterprise AI solutions combine expertise in human-centered design, business process engineering and artificial intelligence technologies. Today’s artificial intelligence technologies include machine learning, predictive data analytics and data science.
“Over the next three to five years, artificial intelligence technologies and big data will be the most significant competitive differentiators in business. We are excited to be a pioneer in Enterprise Artificial Intelligence, offering timely, valuable, and affordable solutions to clients. We have the right team, an optimized business model, and the right partners to create extraordinary value,” says Stephen Pratt, CEO of Noodle.ai.
Pratt most recently served as Global Leader of Watson for IBM Global Business Services. He is joined by Dr. Matt Denesuk, previously Chief Data Science Officer for GE Digital; Raj Joshi, previously Senior Executive Vice President of Professional Services at MicroStrategy; and Dr. Ted Gaubert, previously Chief Technology Officer of Infosys Consulting. The team brings deep experience in AI, big data, data science, machine learning and data analytics across industries.
“TPG has been at the forefront of investing in transformative technology companies,” said Nehal Raj, Partner at TPG. “Our portfolio companies repeatedly have expressed their need for AI technology solutions that make a real impact on their operations, and we’re partnering with Noodle.ai to deliver just that.”
TPG Growth, the middle market growth equity platform of TPG, has partnered with companies such as Airbnb, Domo, Uber and Zscaler and recently led the incubation and launch of STX Entertainment.
The firm led the Series A investment in Noodle, along with Company founders. No further details of the agreement are being disclosed at this time.
Noodle.ai operates out of the San Francisco Bay Area and Bengaluru (Bangalore), India.