Cortical.io offers Natural Language Understanding (NLU) solutions based on Semantic Folding, a theory which opens a fundamentally new perspective to handling Big Text Data.
Inspired by the latest findings on the way the brain processes information, Cortical.io’s Retina Engine converts language into semantic fingerprints, a numerical representation that captures meaning explicitly and operates on it computationally. The Retina Engine compares the semantic relatedness of any two texts by measuring the overlap of their fingerprints. It can be easily customized for any language, domain or jargon and delivers results quickly, at low costs.
The intrinsic difference of Cortical.io’s algorithm makes it possible to solve many open NLU challenges like meaning-based filtering of terabytes of unstructured text data, real-time topic detection in social media or semantic search over millions of documents across languages.
Cortical.io was founded in 2011 and holds a broad general license for Numenta’s HTM technology. The company has offices in Vienna, Austria and in the San Francisco Bay area.
Inspired by the latest findings on the way the brain processes information, Cortical.io’s Retina Engine converts language into semantic fingerprints, a numerical representation that captures meaning explicitly and operates on it computationally. The Retina Engine compares the semantic relatedness of any two texts by measuring the overlap of their fingerprints. It can be easily customized for any language, domain or jargon and delivers results quickly, at low costs.
The intrinsic difference of Cortical.io’s algorithm makes it possible to solve many open NLU challenges like meaning-based filtering of terabytes of unstructured text data, real-time topic detection in social media or semantic search over millions of documents across languages.
Cortical.io was founded in 2011 and holds a broad general license for Numenta’s HTM technology. The company has offices in Vienna, Austria and in the San Francisco Bay area.
Location: Austria, Vienna
Employees: 11-50
Total raised: $18.15M
Founded date: 2011
Investors 1
| Date | Name | Website |
| - | Open Field... | ofcap.com |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 14.09.2021 | Series A | $6M | - |
| 04.03.2021 | - | $9.1M | - |
| 29.10.2015 | - | $1.8M | - |
| 06.11.2014 | - | $1.25M | - |
Mentions in press and media 33
| Date | Title | Description |
| 26.05.2026 | Релиз инструмента для работы с MKV-файлами MKVToolNix 99.0 | 24 мая 2026 года состоялся стабильный релиз инструмента для работы с MKV‑файлами MKVToolNix 99.0 под кодовым названием «Buka». Предыдущая версия проекта вышла в апреле 2026 года. Решение MKVToolNix — это набор инструментов для создания, изм... |
| 09.10.2024 | Cortical.io Ranked Among Leading Innovators Transforming the Insurance Industry | Cortical.io Among the World's Most Innovative InsurTech Companies 2024 InsurTech100 List Recognizes Austrian AI Pioneer for Improving Efficiency Throughout the Insurance Value Chain VIENNA, Oct. 9, 2024 /PRNewswire-PRWeb/ -- Cortical.io tod... |
| 05.08.2023 | Startup Showcase: Cortical.io – Unleashing the Power of AI in Natural Language Understanding | Welcome to EUStartup.news, your gateway to exploring the most innovative startups in the European Union. In this edition, we proudly present Cortical.io, an Austrian company based in Vienna, revolutionizing the field of Natural Language Und... |
| 22.05.2023 | Cortical.io Integrates its NLP Technology Into Stagwell Marketing Cloud’s Suite of Products | Cortical.io announced that it has been selected as a vendor by The Stagwell Marketing Cloud (SMC), a suite of SaaS solutions that powers research, communications, and media activation for in-house marketers. Cortical.io’s technology will be... |
| 16.05.2023 | Cortical.io Integrates its NLP Technology Into Stagwell Marketing Cloud’s Suite of Products | “We were looking for an API that delivers highly accurate results while remaining affordable. Cortical.io offered the best value and performance compared to other solutions.” San Francisco and Vienna (PRWEB) May 16, 2023 Cortical.io today a... |
| 17.04.2023 | Cortical.io Recognized as Data Solution of the Year for Insurance in 2023 Data Breakthrough Awards Program | “Our meaning-based software helps leading insurance carriers automate document-centric workflows where manual labor is still the rule.” – Rainer Kegel, CEO, Cortical.io. San Francisco and Vienna (PRWEB) April 17, 2023 Cortical.io announced ... |
| 25.10.2022 | Cortical.io Listed Among Most Innovative Companies in InsurTech100 | Our approach to intelligent document processing opens a whole new avenue of opportunities for insurers that can set them apart from competitors in the race for digitization. SAN FRANCISCO (PRWEB) October 25, 2022 Cortical.io today announced... |
| 09.09.2022 | Cortical.io – Transforming Enterprise Workflows With Natural Language Understanding | What the company does Cortical.io delivers AI-based solutions that streamline the extraction, classification, and analysis of information hidden in unstructured documents while providing short time to value. Cortical.io‘s meaning-based app... |
| 12.07.2022 | Cortical.io Semantic Folding Approach demonstrates a 2,800x acceleration and 4,300x increase in energy efficiency over BERT | Benchmark Results While large industries are determined to use less energy, the AI and ML industry is headed in the opposite direction: growing its carbon footprint exponentially. The future of green computing hangs by the thread of high ef... |
| 01.03.2022 | Cortical.io Recognized in 2022 Gartner® Market Guide for Intelligent Document Processing | Thanks to our different approach to NLU, our products can solve new use cases with comparatively little training data. This is game-changing for the IDP market. SAN FRANCISCO (PRWEB) March 01, 2022 Cortical.io today announced that Gartner h... |
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