Revenue Analytics, an Atlanta, GA-based pricing & revenue management company, closed an $11m Series A funding.
The round was led by Noro-Moseley Partners with participation from Blue Lagoon Capital. In conjunction with the funding, Blue Lagoon Capital partner and co-founder Rodney Rodgers will join Revenue Analytics’ board of directors.
The company intends to use the funds to scale and hire an additional 50 people across sales, marketing and product development roles in the next 12-18 months.
Led by Dax Cross, CEO, Revenue Analytics provides big companies with an artificial and human intelligence service to make revenue decisions in pricing, products and promotions, act immediately and strategically.
The company’s cloud-based predictive analytics platform is already delivering results across multiple verticals, including travel, media, automotive, service retail and consumer and industrial products. Today, the machine learning-based system provides customers with more than 70 micro-services that continuously update, offering predictive analytics that drive smarter commercial decisions.
Revenue Analytics currently has over 100 employees.