Yogi, a NYC-based customer feedback analytics platform deploying deep learning for actionable product insights, raised $2.3M in seed funding.
The round was led by RTP Ventures with participation from Felton Group LLC, the family office of Jaffray Woodriff, and existing investors Entrepreneurs Roundtable Accelerator (ERA). Justin Wisz of RTP Ventures will be joining Yogi’s board.
The company intends to use the funds to further expand its core technology to prove its value proposition across industries.
Led by Gautam Kanumuru, co-founder and CEO, Yogi provides a platform that – centered on advanced and scalable natural language processing algorithms – provides granular analysis of unstructured customer feedback regardless of volume or source. The company’s neural network technology provides contextual analysis by taking into account many of the factors a human does when reading and interpreting data, such as a word’s placement in a sentence.
Early adopter clients range from consulting firms to mobile app start-ups to luxury retail brands.