Vanti Analytics, a Tel Aviv, Israel-based startup that provides AI-based solutions for manufacturers, raised $16 million in Series A funding.
The round was led by Insight Partners, with participation from existing investors True Ventures and MoreVC. This latest round brings Vanti’s total funding to $22 million since its founding.
The company intends to use the funds to accelerate growth, expand globally and invest in its next generation of AI technology.
Company: Vanti Analytics Ltd.
Raised: $16.0M
Round: Series A
Funding Month: January 2022
Lead Investors: Insight Partners
Additional Investors: True Ventures and MoreVC
Company Website: https://www.vanti-analytics.com/
Software Category: AI-powered product for Manufacturers
About the Company: Founded in 2019 by Smadar David and Nir Osiroff, Vanti Analytics provides a SaaS-based, AI-powered product for Manufacturers to identify, explain and prevent defects early in their production processes. The manufacturing AI platform provides an end-to-end offering overseeing the entire AI lifecycle – from raw data to the development and maintenance of models. Leveraging patent-pending adaptive AI technology, the no-code solution allows manufacturing teams to build and deploy predictive models within a day, thus unlocking AI scalability for manufacturers across a broad range of industries such as semiconductors, automotive, food, energy, and consumer goods.
Source: https://www.finsmes.com/2022/01/vanti-analytics-raises-16m-in-series-a-funding.html