Draft:Encord

Encord is a software company that specialises in developing tools and infrastructure for artificial intelligence and deep learning applications, focused on computer vision.

History
Encord was co-founded as Cord in 2020 by Ulrik Stig Hansen and Eric Landau and went through the Y Combinator accelerator programme in winter 2021.

In June 2021, Encord announced its $4.5M Seed financing led by CRV and Y Combinator. In October the same year, Encord announced its $12.5M Series A financing led by CRV and Y Combinator.

The company launched its first product focused on automating labeled data creation for computer vision applications in April 2022 and a data quality assessment tool soon after in June 2022.

In January of 2023 Encord launched Encord Active, a tool to improve AI models in production through improved model observability and data quality analytics

Encord is an automated annotation platform for AI-assisted image annotation, video annotation, and dataset management.   Data Management: Compile your raw data into curated datasets, organize datasets into folders, and send datasets for labeling. AI-assisted Labeling: Automate 97% of your annotations with 99% accuracy using auto-annotation features powered by Meta's Segment Anything Model or GPT-4’s LLaVA. Collaboration: Integrate human-in-the-loop seamlessly with customized Workflows - create workflows with the no-code drag and drop builder to fit your data ops & ML pipelines.   Quality Assurance: Robust annotator management & QA workflows to track annotator performance and increase label quality. Integrated Data Labeling Services for all Industries: outsource your labeling tasks to an expert workforce of vetted, trained and specialized annotators to help you scale.  Video Labeling Tool: provides the same support for video annotation. One of the leading video annotation tools with positive customer reviews, providing automated video annotations without frame rate errors. Robust Security Functionality: label audit trails, encryption, FDA, CE Compliance, and HIPAA compliance.  Integrations: Advanced Python SDK and API access (+ easy export into JSON and COCO formats). 