Sherpa.ai is a privately held company that specializes in privacy-preserving artificial intelligence. The company was founded by Xabi Uribe-Etxebarria in 2012 and is based in Erandio, Spain, and Silicon Valley, United States. Sherpa.ai has raised funding through several rounds, with the latest round in 2021 securing an additional $8.5 million.
Sherpa.ai focuses on AI that protects data privacy. The company’s platform trains machine learning algorithms locally so that personal data remains decentralized and is never exchanged when updates are aggregated. Sherpa.ai helps companies adapt and apply AI to individual business needs like improved diagnoses in healthcare and mitigating the risk of potential insurance fraud. Sherpa is a virtual personal assistant that works with a user’s entire array of devices, inferring and predicting their needs that allow the assistant to learn about the users and anticipate their needs before they ask. It works with many consumer devices and any accessory that could use some kind of intelligence in privacy or cybersecurity. Tapping a growth market, Sherpa sells white label digital assistants for consumer applications.