Datavations, a NYC-based developer of market research software utilizing proprietary datasets, raised $4.3M in Seed funding.
The round was led by Erik Brue of Nevcaut Ventures, and Sage Venture Partners.
The company intends to use the funds to further develop the functionality of its Commerce Alert Hub™ platform, along with executing its go-to-market strategy through Sales and Marketing efforts
Led by CEO Philip Odelfelt, Datavations provides the Commerce Alert Hub, a market intelligence platform for consumer durables manufacturers, which use data analytics and machine learning to make informed decisions to gain and maintain market share, and boost margins.
Customers include Saint Gobain, Masco, Spectrum Brands, Bosch, and Masonite, among others.
The company also added tech industry sales veteran JR Becko as Chief Revenue Officer, to lead its growth initiatives.
FinSMEs
30/08/2023