Prevedére, a Columbus, Ohio-based big data predictive analytics solution, closed a $6.7m Series A funding round.
The round was led by PointGuard Ventures.
The company intends to use the funds to accelerate go-to-market strategies and product development.
Founded in 2012 by Rich Wagner, CEO, Prevedére provides patent-pending software that allows companies to leverage external economic performance drivers and improve forecast accuracy, make better decisions on inventory and working capital, and identify new global growth opportunities.
Its Economic Intelligence™ software is used by customers across all industries, private equity and financial investment firms.
Prevedére integrates within companies’ existing enterprise financial planning and analysis (FP&A) systems to provide fact-based answers to the “why” and “when” of an enterprise’s performance. For example, chief financial officers can respond to challenging questions surrounding price adjustments, performance fluctuations and market forecasts.