With only a business name and address, Planck’s artificial intelligence data platform creates all relevant underwriting insights within seconds, with over 90% accuracy & coverage
Through Planck’s API a business name and its address (or addresses) are being received. Then, Planck scans 1000’s of resources inc. industry specific sources, social networks, review sites, business websites and profiles, public records, governmental databases and more to find all the relevant pieces of information about this business entity.
In order to ensure high levels of accuracy, we’ve developed our proprietary entity matching algorithms that verifies the exact relationship between the business entity and the information that was found, being agnostic to possible inaccuracies and misleading information that might not be visible to the human eyes.
Each data piece is being analyzed by our proprietary Artificial Intelligence capabilities including computer vision, NLP, unstructured data analysis and others.
During this phase Planck interprets millions of data points about a business turning them into valuable information.
Creating The Truth
Through the last phase, deep learning algorithms are crunching the data pieces in order to find the actual truth about the business.
Our deep learning algorithms are continuously being trained on “gold data”, verified information about a business, to ensure the highest accuracy in the market.
In this phase all the information that was extracted from the data that was collected is being aggregated and analyzed in order to answer all the relevant underwriting questions and risk factors.