Zengines, a Boston, MA-based provider of AI-based data management software, raised $9M in funding.
The round was led by Hyde Park Venture Partners.
The company intends to use the funds to further accelerate its product development and market growth.
Led by Caitlyn Truong, co-founder and CEO, and Carl Drisko, co-founder and CTO, Zengines provides an AI platform that automates the end-to-end data migration process, reducing the time, cost, and risk associated with data conversions, system migrations, and data onboarding for a variety of business solutions. It is used by enterprises, software vendors, and consultants across multiple industries. Its Data Migration platform has three major components:
- The Zengines Analyzer, which identifies data requirements for new target systems through intelligent discovery and analysis of the sources of data.
- The Zengines Mapper, which applies AI and machine learning to generate field and pick-list matches and transforms the data according to compliance, quality, system, and business requirements.
- The Zengines Loader, which moves the transformed data to the target systems directly or via load files and tests and validates the converted data.