After meeting at an entrepreneur matchmaking event, Ulrik Hansen and Eric Landau founded Encord in 2020 to leverage their expertise in financial trading systems to create a platform for faster data labeling using micromodels. These neural networks, driven by NVIDIA GPUs, automate up to 99% of manual data labeling tasks by combining small models, akin to those used in trading systems. Encord, a partner of NVIDIA Metropolis and member of NVIDIA Inception, has secured $12.5 million in Series A funding and attracted business across various sectors, including healthcare and smart cities. Notably, Encord's collaboration with London-based SurgEase aims to enhance telepresence technology in gastroenterology by providing AI-aided diagnostics, while a partnership with King’s College of London has significantly accelerated the annotation of medical images. Encord's adoption of NVIDIA Triton has further streamlined its operations by enabling efficient model inference, allowing the company to focus on serving early customers without developing its own inference engine.