Heartex raises $25M for its AI-focused, open source data labeling platform

Heartex, a startup that bills itself as an “open source” platform for data labeling, today announced that it landed $25 million in a Series A funding round led by Redpoint Ventures. Unusual Ventures, Bow Capital, and Swift Ventures also participated, bringing Heartex’s total capital raised to $30 million.
Co-founder and CEO Michael Malyuk said that the new money will be put toward improving Heartex’s product and expanding the size of the company’s workforce from 28 people to 68 by the end of the year.
“Coming from engineering and machine learning backgrounds

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