Quantifind

Quantifind is a machine learning platform and software provider used by consumer brands and financial institutions to discover signals of revenue drivers and risk, including fraud and money laundering. The company's algorithms extract signals from external, unstructured data by correlating it to private company data, such as sales data and customer records.

Quantifind, Inc.
Private
IndustryBusiness Intelligence, Anti-Money Laundering
Founded2009
FoundersAri Tuchman (CEO and Co-founder)
John Stockton (Co-founder)
HeadquartersMenlo Park, CA
Websitequantifind.com

Quantifind was founded in 2009 by Ari Tuchman and John Stockton,[1] two quantum physicists from Stanford University and Caltech.[2][3] With early funding from the National Science Foundation,[4] Quantifind worked on pilots for technology and defense intelligence mapping, before a meeting with Disney led the company to focus its data science on helping marketers optimize sales.[5] The company then extended its data-driven strategy business into multiple verticals including retail, financial services, entertainment, consumer packaged goods, telecom, and QSR. In 2018, Quantifind began applying its signal extraction methodology to help banks fight money laundering.

Quantifind's headquarters are located in Menlo Park, California, with additional offices in New York City and Washington, D.C.

Description

Quantifind's technology focuses on signal extraction across structured and unstructured data sets.

For brand intelligence applications, the Quantifind platform correlates consumer language patterns with "sales or other important key performance indicators (KPIs)" to explain drivers of revenue and identify strategic opportunities.[6][7] The same technology is used to identify meaningful trends and help firms with crisis management by distinguishing important crisis events from typical social noise.

In 2018, Quantifind began working with financial institutions to fight money laundering and manage risk.[8] Their entity-centric technology is able to link data sets using named entity recognition and linking (NER/NEL), to identify which customers and organizations present a fraud, money laundering, or reputational risk to the bank. In 2019, the company announced partnerships with Acuris Risk Intelligence and Oracle to "transform Anti-Money Laundering processes" using enrichment from public data sources.[9][10]

Quantifind's clients consist of Fortune 500 consumer companies, with a focus on top tier banks and restaurant chains, as well as private equity firms.[11][12][13][14][15]Investors in Quantifind include Redpoint Ventures, U.S. Venture Partners, Comcast Ventures, Andreessen Horowitz,[16] Iris Capital, Cathay Innovation,[17] Jerry Yang’s AME Cloud Ventures.,[18][19] and Joseph Grundfest (Stanford Professor of Law and former SEC Commissioner).

References
  1. Waters, Richard (December 9, 2012). "Push to exploit an ocean of information". Financial Times. Retrieved 2016-01-02.
  2. Stockton, J. K.; et al. (2003). "Characterizing the entanglement of symmetric many-particle spin-1/2 systems" (PDF). Physical Review A. 67 (022112). doi:10.1103/PhysRevA.67.022112.
  3. Li, W.; Tuchman, A. K.; Chien, H. C.; Kasevich, M. A. (2007). "Extended Coherence Time with Atom-Number Squeezed States". Physical Review Letters. 98 (040402). arXiv:quant-ph/0609009. doi:10.1103/PhysRevLett.98.040402.
  4. "Units-based numeric data extraction with knowledge of scientific context". National Science Foundation. August 11, 2011. Retrieved 2015-12-23.
  5. Bartlett, Bryan (October 12, 2015). "How Marketers Can Get Past the Hype of Marketing Analytics Practical measurement advice". Adweek. Retrieved 2015-12-30.
  6. Beaudin, Laura (March 1, 2017). "How Net Promoter Feedback Can Supercharge Social Listening". Forbes. Retrieved 2017-03-26.
  7. Kihn, Martin (April 29, 2015). "Cool Vendors in Data-Driven Marketing 2015". Gartner. Retrieved 2015-11-19.
  8. "Introducing Quantifind for Financial Crimes Risk Management". September 30, 2018.
  9. "Quantifind and Oracle Announce Strategic Collaboration to Transform Anti-Money Laundering Processes". PR Newswire. September 23, 2019.
  10. "Quantifind partners with Acuris Risk Intelligence to boost AML Investigations". CISOMAG. June 17, 2019.
  11. "Quantifind welcomes Jack in the Box®, now works with 8 of the top 20 US restaurant brands". PR Newswire. 2016-06-12.
  12. "Quantifind Launches On-Demand Machine Learning Solution That Helps Marketers Find Consumer Conversations That Influence Purchase Decisions". VentureBeat. Retrieved 2016-06-08.
  13. "Arby's, Buffalo Wild Wings parent company names new CIO". CIO Dive. 2016-03-26.
  14. Jargon, Julie (January 19, 2017). "Why Is the McFlurry Machine Down Again?". Wall Street Journal. Retrieved 2017-03-23.
  15. O’Shea, Paul (June 12, 2019). "The difference better apps can make to QSR brand loyalty". QSR Web.
  16. Swisher, Kara (July 12, 2010). "After Some Flashy Investing, Is Andreessen Horowitz's Next Move a Big New Fund?". Gartner. Retrieved 2015-08-23.
  17. Clancy, Heather (February 24, 2016). "One Sign that Marketing Analytics Are Taking Off". Fortune. Retrieved 2016-05-23.
  18. "Quantifind". Crunchbase. Retrieved 2016-01-05.
  19. Ha, Anthony (July 22, 2014). "Quantifind Raises $12M To Translate Social Media Data Into Sales". TechCrunch. Retrieved 2016-01-04.
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