Synerise, a Poland-based AI-first behavioral data platform, closed a $23 million Series B round of funding.
The round was led by Carpathian Partners, a CEE-focused technology investment fund. The round included a primary capital raise and a secondary share acquisition and was joined by several prominent business angels.
The purpose of the round is to fund Synerise's expansion into the US market and the continued investment into the company's deep-tech behavioral data processing, AI & process automation platform.
Company: SYNERISE S.A.
Raised: $23.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Carpathian Partners
Additional Investors:
Company Website: https://synerise.com/
Software Category: Behavioral data platform
About the Company: Founded in 2013, Synerise is a B2B SaaS platform allowing its clients to store and process all their heterogeneous data and automate the data-related processes with the support of a world-class AI and a no-code/low-code interface. Synerise supports its corporate clients in e-commerce, retail, telecom, financial services, and automotive industries across 30 EMEA markets in collecting & analyzing data about customers, users, objects, their behavioral & environmental context, delivering actionable analytics and insights, and deployment of data-based decisions into live use-cases. Synerise's 150+ strong team operates out of offices in Warsaw, Krakow (Poland), and San Francisco (US). The company is known for its scientific achievements in behavioral data modeling and was one of the winners of prestigious international AI competitions incl. RecSys Twitter Data Challenge 2021 and KDD Cup 2021 were ranked as the 17th fastest-growing company in the technology sector in Europe according to "FT1000 Europe's Fastest-Growing Companies 2022."
Source: https://www.globenewswire.com/news-release/2022/05/05/2437428/0/en/Synerise-Closes-23M-Series-B-to-Fuel-International-Expansion.html