DataChat Raises $25M in Series A Funding

DataChat, Inc., a Madison, Wis.-based data analytics software company, closed a $25m Series A funding.

The round was led by Redline Capital and Anthos Capital with participation from Celesta Capital (formerly WRVI Capital) and Nepenthe Capital.

Led by CEO and co-founder Jignesh Patel, DataChat allows businesses to collect data and make data-driven decisions, by simply chatting with their all-in-one platform using controlled natural language.

Started as a spin-out from the University of Wisconsin, the company continues to maintain its headquarters in Madison and to receive funding from America’s Seed Fund and the Wisconsin Alumni Research Foundation (WARF), UW-Madison’s nonprofit patent and licensing organization.

FinSMEs

07/09/2021