Aquant, a NYC-based Service Intelligence Platform that gives service leaders, reps and teams the most vital information they need for every situation, raised $70m in Series C funding.
The round was led by Qumra Capital, Insight Partners and Pitango Growth with participation from previous investors Lightspeed Venture Partners and Angular Ventures and new investors Schneider Electric Ventures and Claltech. In conjunction with the funding, Idit Muallem-Yedid, partner at Pitango Growth, is joining Aquant’s Board.
The company intends to use the funds to:
- advance its service intelligence technology,
- grow its engineering, client services and go-to-market teams, adding positions in the US, Europe and Israel, and
- accelerate its global expansion.
Led by Shahar Chen, CEO and co-founder, and led by Assaf Melochna, president and co-founder, Aquant leverages deep service expertise and specialized Natural Language Processing (NLP) to understand all service data, combine it with tribal knowledge, and provide service leaders, technicians, and reps with information they need, exactly when they need it. The company gives service leaders needed insights into their business, enabling them to make proactive, data-driven decisions, identify at-risk customers, understand asset performance, identify compliance risks, and more.
Aquant works across a number of industries, including medical device manufacturers, food equipment manufacturers, capital equipment manufacturers, industrial automation and appliances. Its clients include Siemens Healthineers, The Home Depot, 3D Systems, and Sysmex, among others.
FinSMEs
08/10/2021