AI company zypl.ai has secured $5.5 million in new funding at an $80 million valuation, with investment led by Carbide Ventures and participation from business leader Shukhrat Ibragimov. The funding will support the company’s global expansion and accelerate deployment of its synthetic data solutions for financial institutions.
The company’s proprietary zGAN model focuses on generating synthetic data to improve predictive AI performance, particularly under volatile market conditions. This technology is integrated into Lucid, zypl.ai’s no-code platform, enabling banks to build and deploy AI models independently.
Backed by investors including Prosus Ventures and Carbide Ventures, zypl.ai currently serves more than 60 financial institutions across 20 markets. The latest funding reflects growing confidence in synthetic data as a critical component of AI-driven decision-making in financial services.
Featured image: Credit: zypl.ai
