AI

Tictag raises Series A led by Telkomsel Ventures

July 19, 2024

Tag, you’re it! Here’s Tictag. They’re a Singapore-based data and AI-as-a-Service startup, and now, they’ve just raised a Series A.

  • Founded in 2019, they’ve served over 50 corporations in sectors like real estate, autonomous vehicles, agriculture, media, and more across Asia.

Investor check. Telkomsel Ventures led the round. Existing investors M Venture Partners, East Ventures, and Investible joined in, as well as new investor, SBI Ven Capital.

  • The details are hush-hush.

🧑🏻‍💻 How it works

They’re here to make high-performing AI accessible for companies. That’s why they started with their core service, working with companies on their data needs like data collection and annotation.

Data annotation made fun and easy! Based on what their client needs, they’ll send the requirements to their users on their mobile app to collect, categorize, and label data—in a bite-sized way.

  • For example: They may need to draw 40,000 bounding boxes and categorize them into their respective types.
  • So, they’ll run a data tagging event on their app with rewards to incentivize their users to get this work done.
  • Social impact. Many of their users are students or people with disabilities.

But beyond their data crowdsourcing app, they’ve also expanded their services to data-centric AI and consulting services.

🚀 What’s next?

They’ll work with even more business and grow in new markets like Indonesia and the rest of Asia!

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