General Catalyst and Khosla Ventures back data mapping startup Lume [TechCrunch]
Opendoor Technologies Inc (OPEN)
Company Research
Source: TechCrunch
Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another. Lume looks to change that using AI. Lume's system uses AI and algorithms to automate data mapping by extracting data from its database silos and “normalizing” it, meaning it converts it into a standardized format so that it can be more easily moved or integrated into other workflows. If a data integration breaks in the process, a common problem, Lume notifies users and uses AI to try to remediate the issue. Lume also offers an API and a web platform so clients can embed Lume directly into their workflows. What sets Loom apart from other data mapping tools is that it isn't focused on extracting data from a spreadsheet or PDF but rather on complex nested data formats like JSON. Lume can help companies map complex arithmetic, taxonomy and text manipulation tasks, Nicolas Machado, Lume co-founder and CEO, to
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- 11/7/24 - Beat
OPEN
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/17/24 - Form 144
- OPEN's page on the SEC website