This summary is generated by an algorithm. If you find any mistakes, let us know.

Artificial Intelligence Enterprise Software Homeland Security Journalism Machine Learning National Security Natural Language Processing North America Predictive Analytics Public Safety SaaS

AI-powered disinformation detection platform Blackbird nabs $10M

– Blackbird.AI, an AI-powered platform designed to combat disinformation, announced that it closed a $10 million series A funding round led by Dorilton Ventures with participation from NetX, Generation Ventures, Trousdale Ventures, StartFast Ventures, and individual angel investors.
– The proceeds, which bring the company’s total raised to $11.87 million, will be used to support ramp-ups in hiring and product lines and launch new features and capabilities for corporate and national security customers, according to cofounder and CEO Wasim Khaled.
– The cost of disinformation and digital manipulation threats to organizations and governments is estimated to be $78 billion annually, the University of Baltimore and Cheq Cybersecurity found in a report.

Source
Artificial Intelligence Enterprise Software Homeland Security Journalism Machine Learning National Security Natural Language Processing North America Predictive Analytics Public Safety SaaS

Blackbird.AI Raises $10M in Series A Funding

– Blackbird.AI is a NYC-based AI-driven Disinformation Intelligence Platform.
– The company closed a $10m Series A funding.
– The round was led by Dorilton Ventures, with participation from new investors including Generation Ventures, Trousdale Ventures, StartFast Ventures and Richard Clarke. Existing investor NetX also participated.
– The new investment will be used to scale up the engineering and sales teams, fast-track new product development, and accelerate platform adoption by a global client base.

Source
Analytics Artificial Intelligence Australia and Oceania Big Data Health Care Information Technology Machine Learning Pharmaceutical Predictive Analytics

Prospection Secures $45 million to Accelerate Growth of its Powerful Healthcare Insights Technology

– Prospection has successfully raised $45m from institutional investors in a Series B round, cornerstoned by new investor Ellerston JAADE with participation from existing shareholders Main Sequence and Horizons Ventures.
– Prospection uses real world data, powering evidence to deliver better patient outcomes. Its powerful AI algorithms follow millions of de-identified patients over time to search for patterns in their health and treatment journey. Uniquely, these algorithms can ingest multiple longitudinal patient and commercial datasets globally from varied sources such as governments, insurers, healthcare providers/institutions and health records, to produce rich and accurate insights at high speed.
– These datasets are turned into actionable, medical insights to help determine the best treatment plan for a patient, locate patients who would benefit from improved therapeutic decisions and be written into publishable evidence for scientific journals.

Source
Artificial Intelligence Machine Learning North America Predictive Analytics Procurement SaaS Software Supply Chain Management

LevaData Raises $47M in Series C Funding

– LevaData announced a $47m Series C funding round.
– The round was led by Banneker Partners with participation from Tola Capital.
– The investment comes after the company experienced significant global revenue growth during the first half of 2021.
– LevaData offers supply management teams the predictive insights needed to act before cost and events negatively impact margins or speed to market.
– Many of the world’s largest brands rely on LevaData.
– The investment and partnership will help LevaData accelerate its growth strategies at a time when its customers and primary markets are most vulnerable and need them most.
– Areas of investment priorities include the continuous improvement of their integrated platform capabilities, a deeper physical presence in key global markets, and the creation of hundreds of new jobs.

Source
Auto Insurance Commercial Insurance FinTech Health Insurance Insurance InsurTech Predictive Analytics Property Insurance Southeast Asia

Bangkok-based insurtech Sunday banks $45M Series B from investors like Tencent

– Sunday, an insurtech startup based in Bangkok, announced it has raised a $45m Series B.
– Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia & India, Quona Capital, Aflac Ventures and Z Venture Capital.
– The company says the round was oversubscribed, and that it doubled its revenue growth in 2020.
– Founded in 2017, Sunday describes itself as a “full-stack” insurtech, which means it handles everything from underwriting to distribution of its policies.
– Its products currently include motor and travel insurance policies that can be purchased online, and Sunday Health for Business, a healthcare coverage program for employers.
– Sunday also offers subscription-based smartphone plans through partners.

Source
Artificial Intelligence Construction North America Oil and Gas Predictive Analytics Public Safety Risk Management

Urbint, which uses AI to predict threats to infrastructure, nabs $60M

– Urbint, a company developing software that can predict threats to critical infrastructure, announced that it raised $60 million in a series C funding round led by Energize Ventures with participation from American Electric Power, and OGCI Climate Investments, as well as existing investors Energy Impact Partners, National Grid Partners, Blue Bear Capital, and Salesforce Ventures.
– Founder and CEO Corey Capasso said that the proceeds will enable Urbint to scale its technology, introduce new solutions, and enter new verticals of infrastructure as well as expand its workforce.

Source
Analytics Developer APIs Developer Tools North America Predictive Analytics

Moesif Raises $12M to Help Product Leaders Build Better API Experiences

– Moesif, which provides product insights into how customers use their APIs and tooling to build better developer experiences, has announced a $12m Series A led by David Sacks and Arra Malekzadeh of Craft Ventures, the latter of whom will join Moesif’s board.
– Previous investor, Merus Capital, also participated in the round, bringing the San Francisco-based startup’s total raise to $15.5m.
– Moesif’s “bottom-up” virality within organizations has led to Moesif’s revenue growing over 20% MoM throughout 2021 as customers rely on Moesif for critical insights into user behavior.
– With the new funding, Moesif plans to hire across engineering, sales, developer relations, and customer success.

Source
Apps Big Data Mobile Apps North America Predictive Analytics Travel

Hopper Raises $175M in Series G Funding

– Hopper is a mobile-first travel marketplace which leverages massive amounts of data and machine learning to develop fintech solutions for customers to travel and save money.
– The company completed a $175m Series G financing.
– The round was led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice.
– The new investment will be used to continue to expand operations and its business reach and customer support.

Source
Artificial Intelligence Intelligent Systems Machine Learning Marketing North America Predictive Analytics Sales Software

People.ai Collects $100M in Series D

– People.ai, a revenue operations and intelligence platform, announced $100m in Series D funding at a $1.1b post-money valuation.
– The round was co-led by Mike Dinsdale of Akkadian Ventures and Abdulla AlBanna of Mubadala Capital, with participation from existing investors including ICONIQ Capital and Lightspeed Venture Partners.
– People.ai’s patented AI technology, transforms business activity such as email, meetings, and contacts, into account and opportunity management solutions that increase sales rep productivity, accelerates revenue growth, and maximizes marketing ROI.

Source
Machine Learning North America Predictive Analytics Retail Technology Software

MakerSights Raises $25 Million Series B to Help Rebuild Profitability and Sustainability of Retail Industry

– MakerSights announced its $25m Series B investment led by new investors G2VP.
G2VP is a venture and growth investing firm focused on emerging technologies driving sustainable transformation across traditional industries.
– New funding will allow MakerSights to directly integrate its consumer analytics capabilities into the workflows of its brand partners, increasing the frequency and ease of consumer-informed decisions.
– In addition, the round will support key executive hires and global expansion across the company’s current Vancouver, San Francisco, Austin and London locations.

Source
Artificial Intelligence Health Care Machine Learning North America Predictive Analytics

Veda Secures $45m of Series B Funding Led by Oak HC/FT

– veda, an AI and machine learning platform that can save healthcare payers and providers up to 90% in administrative costs by enhancing the processing speed and accuracy of information, announced the close of $45m in Series B funding.
– The funding was led by Oak HC/FT.
– The funding will enable veda to accelerate its growth and further its mission to help health plans focus on the health and well-being of its members, rather than burdensome administrative processes.
– To date, veda has supported some of the country’s largest health insurance companies in their efforts to automate administrative processes. In 2021, the company is expected to save health plans 500,000 hours in provider data processing time.

Source
Analytics Artificial Intelligence Big Data Internet Machine Learning North America Predictive Analytics Procurement Software

Simfoni Raises $15M in Series B Funding

– Simfoni is a San Francisco, CA-based digital solutions provider for Spend Intelligence and Spend Automation.
– The company raised $15m in Series B funding.
– The round was led by Peakspan Capital.
– The company intends to use the funds to expand sales and marketing efforts.

Source
Banking Financial Services FinTech Lending North America Predictive Analytics

Community Capital Technology Raises $2.6M in Seed Funding

– Community Capital Technology Inc. is a New York-based enterprise loan transactions marketplace and business intelligence platform.
– The company raised $2.6m in seed funding.
– The round was led by Naples Technology Ventures, with participation from 412 Venture Fund and Allegheny Financial Group, as well as fintech entrepreneurs and angel investors.
– The company intends to use the funds to extend the capabilities of its platform, advance product innovation, expand operations, and further build its sales and transactions teams.

Source
AgTech Analytics B2B InsurTech Predictive Analytics Risk Management Software Western Europe

Climate X Raises $1.5M in Funding

– Climate X is a London UK-based climate Intelligence startup.
– The company raised $1.5m in funding.
– The round was led by Pale Blue Dot, with participation from Blue Wire Capital, A100x and Possibilian.
– The new investment will be used to expand operations, accelerate growth and its business reach.

Source
Big Data Hospitality North America Predictive Analytics Restaurants Software

86 Repairs Raises $5.3M in Funding

– 86 Repairs is a platform that automates the end-to-end repair and maintenance process for restaurants, providing actionable insights to improve back-of-house operations.
– The company received $7.3m in Series A funding.
– The round was led by TDF Ventures, Gordon Food Service (GFS), MATH Venture Partners, Revolution, and Cleveland Avenue.
– The new investment will be used to scale up product innovations and accelerate growth.

Source
Artificial Intelligence Information Technology Machine Learning North America Predictive Analytics Software

InsightFinder Raises $2M in Funding

– InsightFinder, a Raleigh, NC-based AI-first system of intelligence for incident prediction and prevention, raised $2m in funding.
– The round was led by Fellows. Fund, with participation from the founder of a $100B+ software company, Silicon Valley Future Capital, Eastlink Capital, Brightway Future Capital and more than a dozen executives at Facebook, Uber, Pinterest, Amazon, and Airbnb.
– The company intends to use the funds to continue to expand operations and its business reach.

Source
Banking Financial Services FinTech Lending North America Predictive Analytics

Community Capital Fuels Continued Growth with $2.6 Million Series Seed Financing

– Community Capital Technology Inc. (“Community Capital”), an enterprise loan transactions marketplace and business intelligence platform, announced it has closed a $2.6 million Series Seed financing.
– The round was anchored by Naples Technology Ventures, an early-stage venture capital fund located in Naples, Florida. Also participating in the funding round were Pittsburgh-based 412 Venture Fund and Allegheny Financial Group, as well as several other new and returning fintech angel investors and seasoned entrepreneurs.
– The Company will deploy the funding to extend the capabilities of its platform, advance product innovation, expand operations, and further build its sales and transactions teams – all with an eye toward scaling major new strategic partnerships, further accelerating growth, and reinforcing the firm’s digital leadership in the secondary loan trading and participations markets.

Source
Analytics Big Data Hardware Health Care North America Predictive Analytics Software Wearables Wellness

Plantiga Raises $1.2M in Funding

– Plantiga is a Vancouver BC-based provider of an individual movement health monitoring platform for athletes and teams.
– The company raised $1.2M in funding.
– The round was led by Harlo Equity Partners with participation from Globalive Capital Partners, Rian Gauvreau, as well as a large group of professional athlete investors from the Athlete Tech Group ecosystem that includes Thaddeus Young, Patrick Patterson and Will Fuller.
– The new investment will be used to accelerate marketing and sales efforts while supporting the build-out of the self-monitoring capabilities.

Source
E-Commerce iOS Marketing Automation Mobile North America Predictive Analytics SaaS

Tapcart Raises $50M in Series B Funding

– Tapcart is a mobile commerce platform that enables Shopify-powered brands to launch mobile apps.
– The company raised $50m in Series B funding.
– The round was led by Left Lane Capital with participation from Shopify, SignalFire, Greycroft, Act One Ventures and Amplify LA.
– The company intends to use the funds to continue to expand its go-to-market strategy, accelerate team growth, and launch innovative new products into the market.

Source
North America Predictive Analytics Property Management Real Estate

Vero Raises $5M In Series A Funding

– Vero is a NYC-based leasing infrastructure for owners and renters.
– The company raised $5m in Series A funding.
– The round was led by Eleven Capital with participation from strategic investors LeFrak and A&E.
– The new investment will be used to expand the team and fuel product growth.

Source
Analytics Business Intelligence Human Resources Information Technology North America Predictive Analytics SaaS Software

eqtble, a platform that uses data analytics to create healthier workplaces, raises $2.7M seed

– eqtble, a startup that wants to give HR teams the same kind of detailed analytics that product, sales and marketing departments have had for a long time, has raised $2.7m in seed funding.
– The funding was led by Initialized Capital, with participation from SB Opportunity Fund, RS Ventures and other venture capital firms and angel investors.
– eqtble is a Y Combinator alum.
– The startup’s co-founders are Ifiegbu and Horwitz.

Source
Analytics Industrial Automation Internet Manufacturing North America Predictive Analytics SaaS Software

MachineMetrics Announces $20M Series B Funding Round

– MachineMetrics, an industrial data startup that elevates manufacturing performance through autonomous machining, announced it has raised $20m in Series B financing.
– The company will use the funding to scale its platform globally and democratize access to the machine insights that power manufacturing operations.
– MachineMetrics is currently used by hundreds of customers and connected to thousands of machines globally.
– These manufacturers, which range from small contract manufacturers to some of the world’s largest OEMs, are leveraging MachineMetrics to enable remote visibility into real-time production, identify production bottlenecks, predict machine failures, improve quality, and build workflows that automate the operation of machines.

Source
Cyber Security Identity Management Machine Learning North America Predictive Analytics Security

Socure Receives Strategic Investment from Capital One Ventures

– Socure, a NYC-based platform for digital identity trust, received a strategic investment from Capital One Ventures, the venture arm of McLean, Virginia-based Capital One Financial Corporation.
– The financial terms of the deal were not disclosed.
– The company intends to use the funds to expand across every consumer-facing vertical, including financial services, online gaming, healthcare, telco, e-commerce, on-demand services, and more, and actively recruit talent worldwide.

Source
Artificial Intelligence Machine Learning Marketing Automation North America Personalization Predictive Analytics

Breinfy Raises $11M in Seed Funding

– Breinify is a San Francisco CA-based company that enables enterprises to deliver personalized and relevant digital experiences.
– The company raised $11M in seed funding.
– The round was led by Gutbrain Ventures and PBJ Capital, with participation from Streamlined Ventures, The CXO Fund, Amino Capital, Startup Capital Ventures and Sterling Road.
– The new investment will be used to continue to expand operations and product features.

Source
Energy Internet of Things North America Predictive Analytics

In a YC ‘power’ play, Gridware girds $5.3M to save humanity from weather

– Gridware, a startup that provides energy storage and solar power solutions, raised $5.3m in seed funding.
– The round was led by Priscilla Tyler of True Ventures and Seth Bannon and Shuo Yang of Fifty Years.
– The company plans to double down on its team.

Source
Analytics Artificial Intelligence Machine Learning North Africa and the Middle East Predictive Analytics Software

Data prep platform Explorium raises $75M

– Explorium, a startup developing an automated data and feature discovery platform, closed a $75m funding round led by Insight Partners with participation from existing investors.
– The capital, which brings the company’s total raised to $127m to date, will be used to expand Explorium’s platform after a year in which it doubled its customer base and more than quadrupled revenue, according to CEO Maor Shlomo.

Source
Artificial Intelligence Machine Learning North America Predictive Analytics Sales Automation Software

Saas provider BoostUp.ai nabs $6M to support revenue operations

– BoostUp.ai, provider of a software-as-a-service (SaaS) platform for managing revenue operations (revenue ops) infused with AI capabilities, announced it has garnered $6 million in additional series A funding, bringing its total raised to $14 million, after an initial seed round last year.
– The company is part of a growing cadre of startups attempting to unify sales, marketing, and customer service processes in a way that enables organizations to boost sales and increase overall profitability.
– BoostUp claims its revenue increased by more than 1,000% in fiscal 2020, thanks in part to customers such as Udemy, Degreed, Plume, and Windstream.

Source
Artificial Intelligence Insurance Machine Learning North America Predictive Analytics Property Management Real Estate Investment

Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties

– Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25m in a Series B funding round led by Atlantic Bridge Capital, with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firemark Ventures – the venture capital fund for IAG, Australia’s largest general insurer.
– With the capital in hand, Arturo plans to expand its technical team to refine its industry-leading technology, which extracts valuable property data from the latest satellite, stratospheric, aerial and ground-level imagery, as well as unique proprietary data sources, in as little as five seconds.

Source
Analytics Artificial Intelligence Business Intelligence Intelligent Systems Machine Learning North America Predictive Analytics

Tellius Raises $8 Million to Close the Data Insights Gap with AI-Driven Decision Intelligence

– Tellius, the AI-driven decision intelligence platform, announced an $8m Series A funding round led by Sands Capital Ventures with participation from Grotech Ventures—bringing the company’s total fundraising to-date to $17m.
– The funds will be used to expand the company’s platform capabilities and support its mission of helping organizations get from data to decisions faster with intelligent automation.
– There is currently a massive insights gap caused by silos between business intelligence (BI) dashboards and machine learning (ML) and AI tools that is preventing organizations from capturing new business opportunities hidden in their data.
– Businesses need to move beyond dashboards to acquire a new level of data intelligence to understand the reasons why metrics change and uncover granular insights that inform the best actions to take.

Source
Big Data Fraud Detection Machine Learning Network Security North America Predictive Analytics

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

– Sift, a fraud prevention company, raised $50m in funding.
– The round was led by Insight Partners and joined by Union Square Ventures and Stripes.
– The company has over several hundred customers, including Twitter, Airbnb, Twilio, DoorDash, Wayfair and McDonald’s.
– It has over 70 billion events per month.

Source
Digital Media Fantasy Sports North America Predictive Analytics Sports

Jeff Bezos joins Drake, NBA stars and others in $80M backing of Overtime sports media brand

– Jeff Bezos is among the investors taking part in an $80m funding round in Overtime, a sports media brand with plans to launch a new basketball league for elite high school players.
– The Amazon CEO’s investment company Bezos Expeditions took part alongside notable co-investors such as hip-hop star Drake, Reddit founder Alexis Ohanian, and a host of current and former NBA stars.
– Brooklyn, N.Y.-based Overtime calls itself “a publisher and an influencer” and has become a social media juggernaut in five years, with programming across YouTube, Facebook, Instagram, TikTok, Snapchat and more attracting 14 billion views a year.
– The company has raised more than $140m to date and runs a popular app and sells branded merchandise.

Source
Ad Network Business Intelligence Commercial Real Estate GPS Location Based Services Machine Learning North America Optical Communication Predictive Analytics SaaS Telecommunications

Connected2Fiber Raises $12M in Series B

– Connected2Fiber from Birmingham has secured $12m in Series B financing led by Harbert Growth Partners as well as current investors Ascent Venture Partners, Nauta Capital, and Osage Venture Partners.
– The company uses data science, artificial intelligence and predictive analytics in a cloud-based system that helps B2B telecom network suppliers identify their best customer prospects, and B2B network buyers identify their best suppliers.
– The platform enables users to visualize critical information internally, and to ensure network intelligence is exchanged securely to conform to the customers’ buying process.

Source
Health Care Information Technology North America Predictive Analytics

Komodo Health Secures $220M in Funding Led by Tiger Global

– Komodo Health announced a $220m Series E funding round.
– The round was led by Tiger Global Management and joined by Casdin Capital.
– Existing investors ICONIQ Growth, Andreessen Horowitz, and SVB Capital also joined the round.
– The investment underscores Komodo Health’s rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare industry.
– The additional funding will allow Komodo Health to accelerate investment in its enterprise technology platform, application suite, and core data assets.
– Together, this combination of robust clinical insights and the ability to infuse them into enterprise workflows is helping the world’s leading life sciences companies, health plans, and patient advocacy groups close gaps in care, address unmet patient needs, improve engagement, and ultimately help drive novel therapies into the market.

Source
Grocery Machine Learning North America Predictive Analytics Sales Automation Waste Management

AI-powered grocery inventory startup Shelf Engine nabs $41M

– Shelf Engine, a Seattle-based startup cofounded in 2015, aims to make a change by tapping AI to help stores increase profits while reducing product waste.
– The company today announced that it raised $41 million in series B funding, bringing its total raised to $58 million as its platform expands beyond 85 customers and over 2,000 stores nationwide.
– According to cofounder and CEO Stefan Kalb, grocery retailers that fail to innovate today could put their companies at risk.
– Traditionally, inventory managers use computer-assisted ordering and software-as-a-service solutions that require upfront hardware and software investments.
– These solutions frequently fail to account for on-hand inventory data and high volatility in sales patterns, such as with pandemic or weather-related buying.

Source
Artificial Intelligence Big Data Diabetes Health Care Medical Device mHealth North America Predictive Analytics

Bigfoot Biomedical® Secures up to $57 Million in Combined Debt and Equity Financing from Madryn Asset Management

– Bigfoot Biomedical announced a $57m Series C financing round.
– The round was led by Madryn Asset Management LP, an alternative asset management firm focused on investments in innovative health care companies.
– The proceeds of the investment will be used by Bigfoot to support commercialization of its innovative Bigfoot Unity™ Diabetes Management Program.
– The Bigfoot Unity Program will leverage first-of-its-kind technologies to simplify and connect key aspects of insulin management to enable personalized, proactive and remote patient care.
– Currently, Bigfoot Biomedical is anticipating FDA clearance of its Bigfoot Unity System, a centerpiece of the Bigfoot Unity Program featuring smart pen caps that provide insulin dose decision support and enable patients to follow their doctor’s instructions in a convenient, simple way.

Source
Artificial Intelligence Europe Internet of Things Machine Learning Mobile Mobile Apps Natural Language Processing Predictive Analytics Virtual Assistant

Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services

– Sherpa, a startup from Bilbao, Spain that was an early mover in building a voice-based digital assistant and predictive search for Spanish-speaking audiences, has raised some more funding to double down on a newer focus for the startup: building out privacy-first AI services for enterprise customers.
– The company has closed $8.5m funding.
– The funding is coming from Marcelo Gigliani, a managing partner at Apax Digital; Alex Cruz, the chairman of British Airways; and Spanish investment firms Mundi Ventures and Ekarpen.
– The funding is an extension to the $15m Sherpa has already raised in a Series A.
– From what I understand, Sherpa is currently also raising a larger Series B.

Source
FinTech Identity Management North America Predictive Analytics Security

Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet

– Socure, the leader in 100% digital identity trust, today announced a $100m Series D round of funding led by Accel, with participation from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others.
– This round brings Socure’s total funding to $196m, following a recent $35m investment less than six months ago led by Sorenson Ventures.
– Proceeds from the round will also accelerate product innovation as the company’s patent portfolio grows and the company continues to attract top talent.
– Amit Jhawar, Partner at Accel and former General Manager of Venmo, will join the board of directors at Socure.

Source
Biotechnology Genetics Health Care Life Science Machine Learning Medical North America Predictive Analytics

Valor Backs Genomics SaaS Platform Allelica

Valor Ventures Fund 2 is pleased to announce its seventh investment, a $1.75m Series Seed financing of Allelica, Inc.
– Valor General Partner Gary Peat joins the Allelica board of directors.
– In addition to lead investor Valor Ventures, participants in the round included AI-focused venture fund Pi Campus and prestigious genetics research institution Medical Genetics Center (MGZ) in Munich as a strategic investor.
– Allelica brings precision medicine into mainstream clinical practice through a Software-as-a-Service platform for the prediction of complex, genetic diseases using proprietary polygenic risk scores.
– With major customers across three continents, Allelica is poised to be the first mass adoption of precision medicine.

Source
Artificial Intelligence Asia Industrial Automation Internet of Things Machine Learning Manufacturing Predictive Analytics Software

Seebo Raises $24M in Funding

– Seebo Raises $24M in Funding
– The round was led by Vertex Ventures with participation from 10D, The Phoenix and Leumi Partners.
– The new investment will be used to further expand its global reach and continue enhancing its solution.

Source
Analytics Artificial Intelligence CRM Marketing Automation North America Predictive Analytics Productivity Tools Sales Software

Clari revenue forecasting platform snags $150M investment and triples valuation to $1.6B

– Clari, a revenue operations platform, raised $150m in Series E funding.
– The round was led by Silver Lake and joined by B Capital Group and existing investors Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital.
– The company reports it has now raised a total of $285m.
– The company plans to double its employee headcount by the end of 2021.

Source
Business Intelligence North America Predictive Analytics SaaS Software

DataJoy raises $6M seed to help SaaS companies track key business metrics

– DataJoy, a startup, raised $6m in seed funding.
– The round was led by Foundation Capital with help from Quarry VC, Partech Partners, IGSB, Bow Capital and SVB.
– The company is still in the process of building the product and is pre-revenue.

Source
Analytics Big Data Business Intelligence Data Integration Digital Marketing Marketing Automation Oceania Predictive Analytics SaaS

Lexer raises $25.5 million to unlock insights from retailers’ customer data

– Lexer, a customer data platform (CDP) that helps retailers gain insights by unifying data from multiple systems and sources, has raised $25.5 million in a series B round led by Blackbird Ventures and King River Capital.
– The raise comes as businesses rush to capitalize on an accelerated digital transition driven by the pandemic, with retailers particularly eager to grow their online sales by better understanding who they’re selling to.
– CDPs such as Lexer are designed to expand the utility of data analytics beyond data scientists to enable anyone, including marketers, to derive key insights from vast swathes of data.

Source
Analytics Cloud Data Services Cloud Management Information Technology IT Management North America Predictive Analytics

ScienceLogic Raises $105 Million in New Financing to Accelerate Leadership in Growing AIOps Market

– ScienceLogic announced that it has raised $105m in growth financing.
– The round was led by Silver Lake Waterman and included participation from existing investors Goldman Sachs, Intel Capital and NewView Capital.
– The investment will support the company’s continued innovation in the AIOps market and further broaden ScienceLogic’s position within the $30+ billion IT Operations Management software market.
– ScienceLogic’s AIOps market leadership also was recently highlighted by the Forrester Wave, which included ScienceLogic as one of only three firms highlighted as AIOps Leaders – honors that further cement the company’s forward momentum.

Source
Analytics Artificial Intelligence Big Data Computer Vision Machine Learning Management Consulting Natural Language Processing North America Predictive Analytics

Impact Analytics Raises $11M led by Argentum to Accelerate Growth

– Impact Analytics has raised $11M led by Argentum to accelerate growth
– The company’s industry-leading, next-generation AI-driven technology platform powers SaaS solutions aimed at optimizing the forecasting, planning and merchandising functions for retailers and consumer packaged goods (CPG) manufacturers.
– Impact’s solutions are deployed at leading retailers, including Calvin Klein, Tommy Hilfiger, Puma, JoAnn and Belk.
– Several large private equity firms are actively encouraging their portfolio companies in the retail sector to adopt Impact’s solutions.
– Impact’s decisioning systems also enhance retailers’ sustainability efforts by helping them make more precise merchandising and allocation decisions, reducing waste and their carbon footprint.
– Impact Analytics was founded in 2013 by CEO Shachar Shemesh and CTO Lior Zalmanson.

Source
Analytics Artificial Intelligence Big Data Business Intelligence Data Integration Europe Intelligent Systems Machine Learning Predictive Analytics SaaS Software

Peak Raises $21M in Series B Funding

– Peak is a Manchester, UK-based Artificial Intelligence (AI) company.
– The company raised $21m in Series B funding.
– The round was led by Oxx, with participation from existing investors MMC Ventures and Praetura Ventures, and new investor Arete.
– The new investment will be used to accelerate global expansion, with new offices opening in both the USA and India, as well as continued R&D investment. As a result, Peak is planning to create 130 new jobs globally in the coming year.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: