AI started Global to assist organizations to make sense of the complicated risk environment. This AI-driven commercial advisor will deliver much-needed support to businesses grappling with these issues. This innovative tool aims to track various risks and provide actionable insights tailored to companies across different industries. Against the backdrop of an accidental trade war and rising geopolitical tensions, the launch timing of this new initiative could hardly come at a better time.
Hence Global is built on Palantir’s Foundry and Artificial Intelligence Platform, blending multiple AI models to analyze and summarize pertinent information based on a customer’s specific needs. This feature allows organizations to receive daily updates with relevant news and insights, empowering them to make informed decisions. The platform primarily targets resource-based industries such as agriculture and oil and gas, as well as highly regulated sectors and those sensitive to public sentiment.
The young startup has raised nearly $5.2 million so far, a clear signal of investor confidence in the fledgling company’s mission. Sean West, CEO of Hence AI, has a deep well of experience. Prior to this position, he was the global deputy CEO of the Eurasia Group, a top geopolitical advisory firm. His leadership will help propel the company onward and upward. It is currently seeking more capital from investors that share its vision.
That’s why Hence Global is a cost-effective solution to the expensive practice of hiring consultants or legal experts. Their base product is very affordably priced, starting at $1,500 per year. This unique, cost-effective approach allows even startup companies to fully participate, as it is designed to engage companies of all sizes—from startups to global enterprises. Prominent users of the platform include TravelPerk, Diversifi Capital and Three Crowns, which speaks to its versatility across sectors.
The main goal of Hence Global is to assist businesses in doing the work to identify and interpret their own geopolitical and operational risks. It gives businesses the clarity and predictability they need, along with the flexibility to address unknowns in the fast-changing world they operate in. Furthermore, service providers such as consulting and law firms can leverage the platform to generate meaningful analyses for their clients, enhancing their service offerings.
The world is incredibly dynamic, and no one could have predicted the challenges that are emerging. So that’s why Hence Global is prepared to equip businesses with actionable insights they require to proactively address risks. The platform features powerful AI functionality and an easy-to-use interface. It provides an all-in-one approach that helps businesses be future-ready in an increasingly dynamic marketplace.