Ayasdi

Ayasdi was founded in 2008 in Menlo Park, California by Gurjeet Singh, who led the company until its acquisition. The company commercialized topological data analysis (TDA), a branch of mathematics focused on identifying geometric patterns in high-dimensional datasets, packaging it as an enterprise AI platform targeting regulated industries.

Ayasdi's core products addressed financial crime compliance — including anti-money laundering and fraud detection — as well as clinical variation management in healthcare. Banking clients reported a reduction of over 20% in false alert volumes from the AML application, translating to tens of millions of dollars in annual compliance savings. The company served large financial institutions seeking to reduce compliance costs without supervised learning's labeling overhead.

Ayasdi raised approximately $97.9 million across multiple rounds from investors including Khosla Ventures, Institutional Venture Partners, Citi Ventures, and Kleiner Perkins Caufield & Byers, which led a $55 million Series C in 2015. SymphonyAI Group, a $1 billion AI investment platform founded by Romesh Wadhwani, acquired Ayasdi in May 2019. The product was subsequently rebranded as Symphony AyasdiAI and later SymphonyAI Sensa.