Canvs AI, a NYC-based provider of an insights platform built to unlock consumer and employee feedback, raised $15M in funding.
The round was led by Fulcrum Equity Partners. Engage also participated.
The company intends to use the funds to accelerate product development, customer success and further go-to-market expansion.
Led by CEO and Founder Jared Feldman, Canvs AI provides an insights platform for transforming open-ended consumer feedback into actionable business intelligence using advanced, AI text analysis. It is used to accelerate time-to-insights, reduce cost, and deepen their understanding of consumers. The solution surfaces critical insights in unstructured feedback from virtually every source, using a combination of patented, natural-language algorithms and a newly released generative AI co-pilot, AI Story Assist™, that presents users with an automated narrative about their data. Over the last year alone, Canvs has analyzed over 850 million pieces of open-ended text from surveys, social media and online comments on behalf of its brands.
Fortune 500 companies like CVS, Disney, Church & Dwight, ABInbev and Netflix use the platform daily to analyze unstructured feedback from both consumers and employees.
FinSMEs
27/09/2023