Amenity Analytics, a NYC-based AI-enabled insights platform, closed an $18m Series B funding.
The round was led by Starr Companies and their CEO Hank Greenberg, with participation from new investor Allstate and existing investors Intel Capital and State of Mind Ventures.
The company intends to use the funds to expand team and product development.
Led by Nathaniel Storch, CEO, Amenity Analytics uses natural language processing (NLP) to allow institutional investors, insurance companies, media organizations, and others to rapidly process and comprehend complex text documents and uncover real-time, actionable insights. Amenity can quickly identify key commentary and determine the critical indicators and statements that enable executives to make business decisions, drive company performance, and gauge sentiment among a given audience.