Startups

Agolo’s summary-powered search brings in government work and fresh funding

Comment

Deep learning artificial neural networks that form shape as human brain. Neural network handles data on input and gives result on output
Image Credits: Andrii Shyp / Getty Images

Search is hard, but even the decent tools developed by Google, Microsoft and others can’t seem to get it right when it comes to navigating the thousands of documents and ideas trapped in enterprise and government databases. Agolo is making a specialty of it, however, using intelligent summaries to get a foot in the door with feds — and raise a couple million to keep building, too.

We last talked with Agolo in the summer of 2019, or as I think of it, last summer. At the time, the company had built a powerful summary engine that could take documents, articles and other long-form content and produce shorter versions that kept the critical points intact. This type of tech is valuable in a lot of ways, but the one Agolo found most immediately applicable is in search.

The problem with search is that the engines that do it are both smart and dumb. They’re smart about finding threads of relevance and ordering things using those metrics (when they’re allowed to), but dumb in that they aren’t very good at context or extraction. By that I mean that they may or may not be good at pulling out, for example, the author of a page or paper because formatting differs widely — and without the ability to connect those pieces of information these engines don’t really know what’s important.

Part of summarizing a document, however, is understanding what about it is important — otherwise how do you know which parts to keep or throw away? This information, it turns out, is crucial for making searches of unstructured or miscellaneous data effective. Docugami focused on the process of turning documents into data, and Agolo is using a related approach to let users find the needle in the corporate document haystack.

The company found a good fit for its technology in the early days of the pandemic, when the Office of Science and Tech Policy was looking for a better way to organize the swiftly accumulating data around COVID-19. Searching for authors and substances is all well and good, but people needed something a bit smarter than the usual database indexers.

Agolo co-founder and CEO Sage Wohns gave the example of searching for ibuprofen. Any ordinary search engine only understands ibuprofen as a term people generally search for in order to learn more about the medicine, and that’s the way it’s reflected in the index. Even if you deploy that search tech on a domain-specific corpus, like research papers, it doesn’t magically gain better understanding. But a medical researcher searching through pandemic-related papers for ibuprofen already knows what it is — what they need is an ordered presentation of how ibuprofen appears in the literature, what other drugs and effects it is most tightly correlated with, what institutions and authors are associated with studying it.

Image Credits: Agolo

“We helped with the problem of getting the right info into people’s hands,” said Wohns. And an early version of the company’s summary tech was used in combination with the OSTP’s existing search stack to make the results better. Not only does it return things that should be more relevant, but it surfaces the reasoning for that relevance, showing (if you ask it) a representation of the graph and nodes a query and related items are part of.

Now they’re on to similar projects for the federal government, which is sitting on tons of reports and data but like any large organization has trouble sorting through it all.

“In the two years since, we’ve re-engineered the summarizer to handle longer documents (often hundreds of pages), and optimized the knowledge graph creator to scale to handle millions of documents within a single graph,” wrote co-founder and CTO Mohamed AlTantawy in an email to TechCrunch.

Like any self-respecting enterprise micromodel, the systems Agolo deploys tailor themselves to the data set provided by the client.

Two more examples of Agolo metadata and search.
Image Credits: Agolo

Because Agolo doesn’t make its own search solution per se, it partners with the likes of Microsoft and Google, AlTantawy said: “We’re working with them both on their enterprise offerings, deploying our solutions in their client implementations. At Microsoft, we’re integrated into 4 sales kits, the only non-Microsoft technology included here across Financial Services, Federal, Healthcare and Retail.”

So a big government organization comes to the enterprise search provider to put its documents in order, and the enterprise search provider comes to Agolo to make sure the documents are indexed and understood in a real way.

“We are directly under contract with two U.S. government clients today, with a few others pending contract,” said Wohns. “In some of those, we are being integrated with other software (from Microsoft and others) but the licenses are directly with Agolo. That aligns to our business model, where we have both direct and indirect channels.”

The Air Force and Defense Department are among those clients, though Wohns could not be more specific. They’re also working on a system for analyzing and ordering Environmental, Social and Governance reports from large companies — another category of documents that’s easy enough to read one or three of, but quickly becomes cumbrous as you look at 100 competing ESG statements from potential partners or investments.

The company’s A round was just closed, led by Lytical Ventures, plus returning investors Microsoft M12, Google’s Assistant Investment Group, Tensility Venture Partners, Ridgeline Partners and Thomson Reuters. The company has raised over $18 million in total to date. (This paragraph previously stated that GV was an investor — it’s actually a different group in Google. My mistake.)

The money will be used to staff up in sales and marketing in particular, plus the product and engineering needed to continue to work with its existing clients. It should be announcing some big ones this year, so hopefully our readers in the federal government will be able to find things a little easier then.

More TechCrunch

Google DeepMind has taken the wraps off a new version AlphaFold, their transformative machine learning model that predicts the shape and behavior of proteins. AlphaFold 3 is not only more…

Google DeepMind debuts huge AlphaFold update and free proteomics-as-a-service web app

Close to a decade ago, brothers Aviv and Matteo Shapira co-founded a company, Replay, that created a video format for 360-degree replays — the sorts of replays that have become…

Controversial drone company Xtend leans into defense with new $40 million round

Usually, when something starts to rot, it gets pitched in the trash. But Joanne Rodriguez wants to turn the concept of rot on its head by growing fungus on trash…

Mycocycle uses mushrooms to upcycle old tires and construction waste

Mushrooms continue to be a big area for alternative proteins. Canada-based Maia Farms recently raised $1.7 million to develop a blend of mushroom and plant-based protein using biomass fermentation. There’s…

Meati Foods bites into another $100M amid growth to 7,000 retail locations

Cleaning the outside of buildings is a dirty job, and it’s also dangerous. Lucid Bots came on the scene in 2018 with its Sherpa line of drones to clean windows…

Lucid Bots secures $9M for drones to clean more than your windows

High interest rates and financial pressures make it more important than ever for finance teams to have a better handle on their cash flow, and several startups are hoping to…

Israeli startup Panax raises a $10M Series A for its AI-driven cash flow management platform

For the founders of Atlan, a data governance startup, data has always been at the heart of what they do, even before they launched the company. In fact, co-founders Prukalpa…

Atlan scores $105M for its data control plane, as LLMs boost importance of data

For decades, the Global Positioning System (GPS) has maintained a de facto monopoly on positioning, navigation and timing, because it’s cheap and already integrated into billions of devices around the…

Xona Space Systems closes $19M Series A to build out ultra-accurate GPS alternative

Kyle Kuzma is a lot of things. He’s a forward for the Washington Wizards NBA team and a 2020 NBA champion. He’s also a style icon — depending on who…

NBA champion Kyle Kuzma looks to bring his team mentality to Scrum Ventures

Lipids are fatty, waxy or oily compounds that, for instance, typically come in the form of fats and oils. As a result they are heavily used in the production of…

After a $20M Series A funding, Germany’s Insempra plans eco-friendly lipid production

Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s…

Tesla is Luminar’s largest lidar customer

U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based…

Brandywine Realty Trust says data stolen in ransomware attack

Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2…

Rivian loses $1.45B as cost-cutting measures continue

Meta is rolling out an expanded set of generative AI tools for advertisers, after first announcing a set of AI features last October. Now, instead of only being able to…

Meta’s AI tools for advertisers can now create full new images, not just new backgrounds

On April 29, Senators Jon Ossoff (D-GA) and Marsha Blackburn (R-SC) proposed a bipartisan bill to protect children from online sexual exploitation. President Biden officially signed the REPORT Act into…

Biden signs bill to protect children from online sexual abuse and exploitation

The pandemic ushered in an e-bike boom. But like so many other pandemic trends, that boom didn’t last. The last year has seen e-bike startups VanMoof and Cake file for…

Bloom is reinventing how e-bikes are made in the US

At its iPad-focused event on Monday, Apple announced a new and improved Magic Keyboard, its keyboard accessory for iPad. The Magic Keyboard has been “completely redesigned” to be much thinner…

Apple unveils a new Magic Keyboard at iPad event

Apple isn’t yet ready to unveil its broader AI strategy — it’s saving that for its Worldwide Developer Conference in June — but the tech giant did make sure to…

Apple highlights AI features, including M4 neural engine, at iPad event

The New York Times Games announced on Tuesday that it’s launching a Wordle archive, offering subscribers access to more than 1,000 past Wordle puzzles. The company has started rolling out the Wordle…

NYT Games launches a Wordle archive with access to more than 1,000 past puzzles

Robert Kahn has been a consistent presence on the Internet since its creation — obviously, since he was its co-creator. But like many tech pioneers his resumé is longer than…

Crypto? AI? Internet co-creator Robert Kahn already did it … decades ago

Amazon is launching a new tool, Bedrock Studio, designed to let organizations experiment with generative AI models, collaborate on those models, and ultimately build generative AI-powered apps. Available in public…

Bedrock Studio is Amazon’s attempt to simplify generative AI app development

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…

23 hours ago
A comprehensive list of 2024 tech layoffs

Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three…

India’s Oyo, once valued at $10B, seeks new funding at 70% discount

Five takeaways from the indictment of Dmitry Yuryevich Khoroshev, the hacker who U.S. and U.K. authorities accuse of being the mastermind of the LockBit ransomware gang.

What we learned from the indictment of LockBit’s mastermind

Jumia’s revenue and gross merchandise volume showed growth despite a decrease in quarterly active customers, according to its Q1 2024 report. Revenue increased by 19% year-over-year (57% in constant currency)…

Jumia is back, growing total sales and orders in Q1 2024

Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories…

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets

Today is Apple iPad Event day, and we bring you all the iPad goodness you can stand, including if some of the rumors are true of what’s coming, like a…

Here’s everything Apple just announced at its Let Loose event, including new iPad Pro with M4 chip, iPad Air, Apple Pencil and more

TikTok is suing the United States government in an effort to block a law that would ban TikTok if its parent company, ByteDance, fails to sell it within a year.…

TikTok sues the US government over law that could ban the app

Meta is encouraging more users to post to its X rival Threads. In its latest experiment, the company is providing an easy toggle for users to cross-post from Instagram to…

Threads is testing cross-posting from Instagram globally

Apple just updated its two high-end tablets: the iPad Air and the iPad Pro. While the entry-level iPad didn’t receive an update, the company lowered its price, too. And of…

Here’s Apple’s new iPad lineup