Fluent, a London, UK-based provider of a business data analytics platform, raised $7.5M in Seed funding.
The round was led by Hoxton Ventures and Tiferes Ventures.
The company intends to use the funds to accelerate the development of its technology and expand its team of AI and machine learning experts across Europe.
Led by Robert Van Den Bergh, CEO, and Cameron Whitehead, CTO, Fluent provides a technology platform that reduces data analysts’ workload and makes company data accessible to everyone through natural language querying and collaborative dashboarding. It enables non-technical team members to ask questions directly of their data in plain English, getting insights in seconds, and saving data teams from the manually answering ad hoc data requests. Clients include Bain & Company.
Commenting on the news, Robert Van Den Bergh, CEO, said: “On average, 40% of a data team’s time is spent answering questions from across their business. A lot of these questions are easy to answer for the data team but take them away from the deeper, more strategic analysis that can be transformative to their business. With Fluent’s natural language interface, we’re helping team members self-serve on their data questions.”
FinSMEs
06/03/2024