Harmoney has shared that they are working with DataRobot to improve credit assessments; DataRobot automates data science workflow and allows users to customize predictive models; Harmoney’s models have been trained on data from over 300,000 loan applications; previously it took them 12 to 16 weeks to deploy models, now it takes just minutes. Source
DataRobot has raised $54 million for its machine learning technology service that can plug in and provide intelligence to any type of business; the $54 million funding round was led by existing investor New Enterprise Associates; the new funding brings total capital raised to over $100 million. Source