Categories: News

Predictifyme raises $1.5 million from venture capitalists

Predictifyme has successfully raised $1.5 million from a range of venture capitalists and high profile investors recently. It made headlines a few months ago with regard to their project called “Safe Schools” in order to predict and prevent suicide bombings. The Safe Schools project has been launched in Pakistan, in the aftermath of the tragic incident in APS Peshawar, where over 135 children were killed in an attack by militants last December.

Predictifyme has brought forward analytics that has never been used or understood before to a range of marketeers, educators, insurers and health insurance managers e.t.c. The company is working on projects ranging from the impact of technology in education to helping retailers identify where buyers exist today and predicting where they will be in five years time. Their business model is focused on educating people about the potential of data. They want to develop a dynamic software that is different as compared to conventional analytics tools being used in the industry.

Co-Founder Zeeshan-Ul-Hassan Usmani, is the brains behind the software used for the ‘Safe Schools’ initiative. He is a Fulbright scholar and holder of PHD in Computer Science, alongside being a Eisenhower fellow too. He created a software company – Go-Fig Solutions to help develop software for addressing issues like terrorism. Predictifyme purchased Go-Fig Solutions in November 2014 and the staff of 23 in Pakistan was allowed to be maintained in light of the acquisition.

Sponsored
Mohammad Farooq

Farooq is currently writing for Dawn and TechJuice. He is also volunteering for Digital Rights Pakistan.

Share
Published by
Mohammad Farooq

Recent Posts

Rumors Indicate iPhone 17 May Feature Unconventional Camera Design

Apple is reportedly preparing for a significant design overhaul with its iPhone 17 series, blending…

56 mins ago

First AI-Powered Teacher Launched in Pakistan’s Private School

Karachi: A private school in Karachi has unveiled Pakistan’s first AI-powered teacher, a groundbreaking move…

2 hours ago

Yahoo Surprises Users with Its Latest Android Launcher

Third-party apps have long been a staple of the Android ecosystem, but their appeal has…

3 hours ago

Phase-II Review of PTCL-Telenor Deal Finalized by CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has completed its Phase-II review of Pakistan Telecommunication…

3 hours ago

Xiaomi’s SU7 Achieves New Production Record, Driving Q3 Growth

Xiaomi has shattered records by producing 100,000 vehicles in just 230 days. This is nearly…

5 hours ago

Teachers Can Now Access OpenAI’s Free AI Course

OpenAI, in collaboration with nonprofit organization Common Sense Media, announced on Wednesday the launch of…

6 hours ago