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Synopsis
Eldridge, a holding company, and AXA Venture Partners, a venture capital company, led a $15m round in Qloo, an artificial intelligence platform. “Before Qloo, consumer taste was really only examined within the silo of a certain app or service - which made it impossible to model a fuller picture of people’s preferences. Qloo is the first AI platform that takes into account all the cross-sections of our preferences - like how our music tastes correlate to our favorite restaurants, or how our favorite clothing brands may lend themselves to a great movie recommendation," Alex Elias, Qloo Founder and CEO.
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