, a startup aiming to map all human knowledge, raised $14.5 million for its Series A round, the company announced Wednesday.
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(a16z) led the round, with participation from investors including , and , according to a statement from the company. A16z co-founding partner will join Golden鈥檚 board of directors.
Golden uses artificial intelligence, machine learning and humans to collect public information on various topics. Most of the information is fragmented, according to CEO , and Golden compiles that information from sources like news articles and databases.
鈥淭he big vision is we鈥檙e trying to build a big database of knowledge and this is across everything eventually,鈥 Gomila said, adding that the company is initially focusing on science, technology and companies.
The new funding will be used primarily for expanding Golden鈥檚 team. While the company is based in San Francisco, it is hiring where the talent is, Gomila said, although the company鈥檚 employee base will tend to be more U.S.-based. The company has about 15 employees and is planning on doubling its headcount.
Investment firms, companies and government entities use Golden to get a better picture of whatever topic they鈥檙e interested in and need comprehensive information about. Recently, Golden signed a $1 million contract with the U.S. Air Force to help with its response to COVID-19.聽聽
鈥淭he larger the company, the more of a need for visibility of what鈥檚 going on,鈥 Gomila said. 鈥淭here鈥檚 also a need for knowledge.鈥
The new round brings Golden鈥檚 total funding to $19.5 million. The company last raised a $5 million in May 2019.
Illustration: Li-Anne Dias
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