At Frontier, we appreciate the unprecedented amount of data available in today's digital age, but the challenge lies in efficiently utilizing these data to extract meaningful insights and drive personalized experiences. Therefore, we are attracted to companies that access unique data sets and use technology to parse data and drive overall business intelligence in new ways. Today, the industry is abuzz with artificial intelligence solutions, but most depend on some kind of underlying databased solution, which is where you find the unique asset and the underlying long-term value and defensibility. Examples include Syndio Solutions and Fathom AI.
Syndio provides a pay equity and compensation management platform. Syndio gathers information on compensation, demographics, and other relevant factors to ensure compliance with regulations and norms, while identifying any disparities in pay and potential biases within an organization. By providing customized workforce compensation solutions, they enable businesses to address pay equity issues effectively and implement targeted strategies to create fair and inclusive compensation practices. Additionally, their tools provide data-driven insights and recommendations to help businesses make informed decisions regarding employee compensation and diversity, equity, and inclusion initiatives.
Fathom unlocks the power of unstructured data at enterprise scale. The company specializes in providing market research and data analytics tools, and offers a range of solutions to help customers gain valuable insights into consumer behavior, market trends, and competitive intelligence. Their services include AI-powered analysis of consumer surveys, market segmentation, sentiment analysis, and predictive analytics to help businesses understand their target audience, identify growth opportunities, and enhance their marketing and strategic initiatives. Text analytics aids content creation by identifying trending topics. Fathom’s innovative use of text analytics and data empowers businesses to make data-driven decisions, engage customers effectively, and stay competitive in their markets.
At Frontier, we always look for companies that aggregate unique data sets and have technology that provides valuable solutions based on insight from the data. We have made several investments which map to this theme, including the companies in the gallery below.