Mantic Raises $4M Funding In Pre-Seed Round

The $4M pre-seed round was led by Episode 1, with participation from DRW and a group of angel investors. Mantic plans to use the funding to grow its team, scale operations, and accelerate the development of its event forecasting platform.

Co-founded by Toby Shevlane and Ben Day Mantic offers a technology platform that accurately predicts global events, helping businesses and governments make informed decisions.

Mantic’s technology is designed for decision-makers facing high-stakes challenges in business and politics. Using AI-generated predictions, it aims to provide the foresight needed to prevent unexpected disruptions. Built for industrial-scale use, the platform combines data analytics with human insight to improve the accuracy and quality of forecasting.

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Mantic’s founders highlight that previous data-driven approaches often missed the crucial element of human judgment, which their technology seeks to integrate. This blend is designed to provide a competitive advantage in markets demanding more reliable forecasting.

“In the past, purely data-driven approaches to prediction in human affairs have not worked because both flexible reasoning and research are required to provide the most accurate prediction of the future,” Mantic explained.

Mantic’s story is part of a bigger movement to blend AI with human expertise. As industries get more complicated, the demand for tools like theirs is only going to grow.

By mixing smart data predictions with real human judgment, they help leaders make better decisions. While lots of companies are using AI, Mantic stands out by putting human insight at the heart of their technology.

About Mantic

Mantic is an AI research and product company dedicated to advancing forecasting accuracy. By combining cutting edge AI with innovative technology, Mantic pushes the boundaries of predictive analytics to deliver more reliable actionable insights for businesses and governments navigating complex, fast changing environments.