Kumo Named to Fast Company’s Next Big Things in Tech for Advancing Foundational AI

Prime Highlights

Kumo has been recognized by Fast Companyin the Foundational AI category for its innovative work in making enterprise data more predictive and actionable.
The company’s flagship model, KumoRFM, enables businesses to make faster, more accurate predictionsfrom relational data like customer transactions and records.

Key Facts

KumoRFM delivers predictions in seconds, offering up to 20x faster insightsand 30–50% more accuracy than traditional machine learning approaches.
Kumo has raised $37 million in fundingand collaborates with major platforms like Databricks, Snowflake, Reddit, and DoorDash.

Background

Kumo, a rapidly growing predictive AI company, has been included in Fast Company’s fifth annual Next Big Things in Tech list. The recognition places Kumo among 137 innovative organizations that are shaping the future of technology, alongside companies such as Google, GitHub, and Snap.

The company was recognized in the Foundational AI category for its major contribution to advancing AI on enterprise data. Kumo’s technology helps businesses use their current databases to make quicker and more accurate predictions.

Its main innovation, KumoRFM, is the first foundation model built for relational data, which is the type of data found in customer records and transactions. This model lets businesses connect their databases and quickly get predictions for important things like fraud, losing customers, and how well sales are doing. The system delivers results within seconds and offers up to 20 times faster value and 30% to 50% higher accuracy compared to older machine learning methods.

“We are honored to be recognized by Fast Company as one of the leading players in foundational AI,” said Dr. Vanja Josifovski, CEO and Co-founder of Kumo. “Our collaborations with Databricks, Snowflake, Reddit, and DoorDash show that companies across industries can benefit from the potential in their relational data.”

Kumo was founded by Dr. Vanja Josifovski, Dr. Jure Leskovec, and Dr. Hema Raghavan, who previously led AI efforts at LinkedIn, Pinterest, and Airbnb. The company has raised $37 million to support its mission of bringing AI to enterprise data.

Fast Company Editor-in-Chief Brendan Vaughan said the award celebrates innovations that define the present and shape the future of technology, highlighting Kumo’s leadership in foundational AI.