CorralData, a New York-based AI-powered data and analytics platform, announced that it completed a new funding round.
The round was led by NY Angels and the NY Angels Fund, eonCapital, and Hilltop Ventures, with participation from Orange Ocean Ventures and Perimetre Capital (follow-on investments).
The funding round will accelerate the company's growth, expand its AI technology, and enable the delivery of innovative solutions to clients.
In addition to the funding round, CorallData also announced product developments and team expansion.
The company introduces some key additions to its leadership team. Steven Fullerton has joined us as Head of Data Strategy, Averi Haugesag, as the new Head of Growth, Laura Kozien has taken the helm as Head of Brand Marketing, and Michal Krawczyk as Lead Developer.
CorralData has introduced "Ask AI" functionality, allowing users to turn data into actionable insights using natural language queries. The platform supports 200+ connectors, making AI and data analytics accessible to entire organizations, regardless of their engineering capabilities.
Company: CorralData
Raised: Undisclosed
Round: Unknown
Funding Month: July 2023
Lead Investors: NY Angels and the NY Angels Fund, eonCapital, and Hilltop Ventures
Additional Investors: Orange Ocean Ventures and Perimetre Capital
Company Website: https://corraldata.com/
Software Category: AI-powered Data and Analytics Platform
About the Company: CorralData provides a full-service, AI-powered platform that radically simplifies unifying and analyzing data across multiple sources. They blend human data expertise and industry-leading AI to easily and cost-effectively drive results. The company is on a mission to transform how organizations use data. CorralData enables organizations to use AI to easily connect, analyze, and collaborate on all their company data.
Source: https://corraldata.com/updates-from-corraldata-new-funding-round-product-launch-and-team-expansion/