MOSTLY AI was founded in 2017 in Vienna, Austria, by Michael Platzer, Klaudius Kalcher and Roland Boubela, three distinguished data scientists.

They realized early on the potential of using AI to generate structured business data and to create what we now call synthetic data. Back then this was not much more than an idea. It was unclear how the process was going to work, since no previous research or competitors existed in the space.

The inspiration came from the unstructured data domain where the first artificially created synthetic images were produced. The three co-founders experienced the challenges companies were facing with traditional data anonymization. These challenges only increased as GDPR was introduced in Europe in 2018. MOSTLY AI released the first version of its Synthetic Data Platform at the same time and proved to the world that synthetic data has a vast potential.