Startups

Golden Raises $14.5M Series A

Golden, a startup aiming to map all human knowledge, raised $14.5 million for its Series A round, the company announced Wednesday.

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Andreessen Horowitz (a16z) led the round, with participation from investors including Harpoon Ventures, DCVC and Gigafund, according to a statement from the company. A16z co-founding partner Marc Andreessen will join Golden’s board of directors.

Golden uses artificial intelligence, machine learning and humans to collect public information on various topics. Most of the information is fragmented, according to CEO Jude Gomila, and Golden compiles that information from sources like news articles and databases.

“The big vision is we’re trying to build a big database of knowledge and this is across everything eventually,” Gomila said, adding that the company is initially focusing on science, technology and companies.

The new funding will be used primarily for expanding Golden’s team. While the company is based in San Francisco, it is hiring where the talent is, Gomila said, although the company’s employee base will tend to be more U.S.-based. The company has about 15 employees and is planning on doubling its headcount.

Investment firms, companies and government entities use Golden to get a better picture of whatever topic they’re interested in and need comprehensive information about. Recently, Golden signed a $1 million contract with the U.S. Air Force to help with its response to COVID-19.  

“The larger the company, the more of a need for visibility of what’s going on,” Gomila said. “There’s also a need for knowledge.”

The new round brings Golden’s total funding to $19.5 million. The company last raised a $5 million seed round in May 2019.

Illustration: Li-Anne Dias

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