Agolo, AI summarization
Agolo has raised $3.6M in total. We talk with Sage Wohns, its CEO.
PetaCrunch: How would you describe Agolo in a single tweet?
Sage Wohns: AI summarization.
PC: How did it all start and why?
SW: At Columbia. I was a business student, coming in from Tokyo where I worked in multi-lingualization at Rakuten. I brought a few apps that I wanted to build into businesses, and I saw a much greater opportunity in applying the research that my co-founder Mohamed AlTantawy, developed in summarization as a part of his PhD in Natural Language Processing. We identified multiple use cases in summarization and saw real market resonance in augmenting analyst workflows and creating speakable summaries for smartspeakers.
PC: What have you achieved so far?
SW: Our team consists of 21 people and is 90% technical with 3 NLP PhDs and 3 NLP Masters with 46 top tier conference publications amongst us.
Over the past year we have ingested, on average, 600,000 documents everyday and created 2,000,000 unique summaries utilizing our 2 off the shelf products.
Agolo services its top-tier clients in consulting, media and finance as their platform of next-generation search.
PC: How will you use your recent funding round?
SW: Accelerating our Go-To-Market and growing our Research team.
PC: What do you plan to achieve in the next 2–3 years?
SW: Summaries already exist all around us. We see them in our emails, in our social feeds, in our chat. They are all currently created by humans, and Agolo will be the machine intelligence that writes all of them.