Jaemin Yoo stresses that leveraging structured data is crucial for competitiveness and positions Nums AI as a core AI company driving global model development.

Funding will expand GPU infrastructure and the research team to accelerate the development of the Tabular Foundation Model (TFM), with plans for API and on-premise enterprise offerings across manufacturing, finance, commerce, and healthcare.

The market is rapidly embracing tabular foundation models, with notable moves like Fundamental becoming a unicorn, SAP buying Prior Labs, NVIDIA acquiring Kumo AI, and Google Research unveiling TabFM.

Nums AI secured 2.69 million USD in its first institutional round, led by Stonebridge Ventures with participation from SBVA, KT Investment, and Bass Ventures.

The company is building a tabular foundation model designed for structured data that can predict missing values in a single inference pass, enabling tasks such as demand forecasting, anomaly detection, and credit scoring.

Leadership includes CEO Jaemin Yoo, an assistant professor at Seoul National University, and co-founders Doo-ho Lee and Minyong Jo, bringing strong academic and industry backgrounds.

Hyeongsu Park of Stonebridge Ventures notes the shift from language models to structured data and sees Nums AI as positioned to become a global leader in this space.