Tellius, a Reston, VA-based AI-powered business analytics platform, raised $7.5m in Series A funding.
The round was led by Veraz investments. In conjunction with the funding, Rahul Sharma from Veraz Investments will join the Tellius Board of Directors.
The company intends to use the funds to expand its sales and marketing efforts, as well as broaden and accelerate product development.
Led by CEO and founder Ajay Khanna, Tellius is an intelligent business analytics platform powered by machine learning which enables anyone across companies in industries such as retail, media, and financial services, and across many departments such as sales, marketing, and operations to ask ad hoc questions in plain language and instantly discover relationships and trends in their data. The solution combines natural language search, automated discovery of insights, and predictive analytics.
The Tellius insights engine automatically analyzes billions of data points and millions of combinations of data to discover correlations, patterns, and trends, surfacing insights that users might otherwise miss.