Frankfurt-based AI startup Omnifact is making waves in the world of artificial intelligence by offering a unique platform designed to help companies in highly regulated industries adopt AI solutions without compromising data privacy, compliance, or control. Co-founded by Patrick Helmig, Omnifact aims to bridge the gap between cutting-edge AI models and the stringent requirements of sectors like finance, insurance, and healthcare.
The Omnifact Story
Omnifact’s journey began when co-founders Patrick Helmig and Florian Kurismeg recognized the limitations faced by businesses in adopting AI solutions due to strict regulations and data privacy concerns. With a background in building custom AI and machine learning solutions for startups and larger organizations through their previous company Rocketloop, they saw a clear need for a platform that would allow companies to harness AI without the typical hurdles.
“We realized that businesses, especially in regulated industries, were struggling to integrate AI due to compliance and data privacy challenges,” says Helmig. “With Omnifact, our goal is to create a platform that makes AI adoption easy, secure, and customizable.”
What Makes Omnifact Unique?
Omnifact’s platform is built to cater to the specific needs of companies that require stringent control over their data and AI models. Unlike other AI solutions that rely on a single provider, Omnifact supports a range of models, including those from major cloud providers like OpenAI, Google, and Anthropic, as well as self-hosted models. This flexibility allows companies to choose the best model for each use case, ensuring compliance with local data privacy regulations like GDPR.
Omnifact’s USP includes:
1. **Flexible AI Model Integration:** Omnifact enables businesses to use AI models from multiple providers or host their own, providing full control over data and compliance requirements. This hybrid approach ensures that sensitive data stays within the organization’s secure environment when necessary.
2. **Customized AI Assistance:** The platform allows companies to set up AI assistants tailored to specific tasks, such as customer service automation, knowledge management, and process documentation, making it highly adaptable to various business needs.
3. **Enhanced Data Privacy and Compliance:** Omnifact is particularly appealing to companies in regulated industries because it prioritizes data privacy and security, offering solutions that keep data within the company’s control, whether on-site or in a virtual private cloud.
4. **Seamless Integration with Proprietary Systems:** The platform can connect with existing proprietary systems, including CRM, document management, and internal databases, to provide AI-driven insights and automation without disrupting existing workflows.
5. **Adaptation to Rapid AI Advancements:** Omnifact continuously evolves with the fast-paced AI landscape, allowing companies to leverage the latest models and technologies without the need for in-house AI development.
Real-World Use Cases
Omnifact’s platform is already delivering significant value in several high-impact areas:
- **Knowledge Management in Banks:** Financial institutions must maintain comprehensive documentation of processes to comply with regulatory requirements. Omnifact’s AI assistants help banks make sense of complex documentation, quickly accessing and summarizing relevant information, which enhances compliance and operational efficiency.
- **Property Management for Real Estate Companies:** Omnifact has worked with one of Germany’s largest landlords, streamlining their property management by automating access to building-specific data. This reduces the time spent retrieving information, such as audit records for elevators, from minutes to seconds.
- **End-to-End Customer Service Automation:** By integrating with CRM and other proprietary systems, Omnifact’s AI can automate customer interactions, from verifying purchase history to checking warranty status and suggesting next steps. This level of automation significantly reduces manual workload, enhancing productivity and customer satisfaction.
Omnifact’s Vision for the Future
Looking ahead, Omnifact is focused on expanding its capabilities to include live system integrations, further enhancing automation potential. This will enable AI assistants to not only access static data but also interact with live systems, performing complex tasks such as retrieving real-time data and making API calls to execute actions automatically.
“We envision a future where AI not only assists with information retrieval but also automates entire workflows end-to-end,” Helmig explains. “This will transform how companies operate, making processes more efficient and freeing up valuable time for employees.”
Opportunities for Investors and Talent
As Omnifact continues to grow, the company is actively seeking new investors and talented individuals to join its team. With plans to close a pre-seed round by the end of the year and a seed round in 2024, Omnifact is open to discussions with both business angels and institutional investors. Additionally, Omnifact is looking to hire skilled professionals in communications, marketing, sales, and engineering.
“We are excited to connect with investors who share our vision of making AI accessible and secure for all companies,” says Helmig. “And we are always on the lookout for talented individuals who want to be part of this journey.”
Conclusion and Call to Action
Omnifact is poised to become a key player in the AI space, particularly for businesses in highly regulated industries. By offering a flexible, secure, and customizable platform, Omnifact empowers companies to embrace AI-driven innovation while maintaining full control over their data and compliance.
For more information on how Omnifact can help your business automate processes and enhance efficiency, visit Omnifact’s website (https://omnifact.ai/de) or connect with Patrick Helmig on LinkedIn (https://www.linkedin.com/in/patrick-helmig-3732a74a/). If you are an investor interested in learning more, or a professional looking for exciting career opportunities, don’t hesitate to reach out.
Read the full interview with Patrick Helmig https://www.startuprad.io/post/building-secure-ai-solutions-a-deep-dive-with-omnifact-s-patrick-helmig)
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