This month (November 2015), more than 33 big data, analytics and machine learning startups raised in excess of $670 million funding globally. Compared to October, the number of startups that received funding this month raised by six(6). While it was a fintech startup (Earnest) that took away the honors with a mammoth $275 million Series B fundraising, the month witnessed a lot of investor attention towards marketing automation and customer analytics startups. Healthcare segment, too, saw interesting developments with machine learning and deep learning startups focused on drug discovery (TwoXAR) and brain analytics (EIMindA), respectively, received investments. Another interesting venture that received investment was OddUp, a predictive analytics solution that aims to help venture capitalists make better investments in startups.
*data from funding rounds of startups with undisclosed money hasn’t been included.
The below infographic summarizes the trend for the month. Following the infographic is the detailed list of funded startups during the month
List of Big Data, Analytics and Machine Learning Startups Funded during November 2015
Company | Country | Business Area | Funding ($m) | Series | Lead Investor |
---|---|---|---|---|---|
Earnest | US | Online Lending | 275 | B | Battery Ventures, New York Life |
AppDynamics | US | App Monitoring | 75 | F | Altimeter Capital, General Catalyst Partners |
Gainsight | US | Customer Analytics | 50 | D | Insight Venture Partners |
ElMindA | Israel | Braintech AI | 28 | C | Kraft Group, Shanda Group, Wexford Capital |
ClearSky Data | US | Cloud Storage | 27 | B | Akamai Tech, Polaris Partners |
Appier | Taiwan | Behavioral Analytics | 23 | B | UOB Venture Management, Sequoia India, TransLink Capital and MediaTek |
Swrve | US | Marketing Automation | 21.3 | C | Evolution Media Partners |
Cask Data | US | Analytics Software | 20 | B | Safeguard Scientifics, Battery Ventures, Ignition Partners |
H20.ai | US | ML Platform | 20 | B | Paxion Capital, Capital One Growth Ventures, Nexus Venture Partners |
Bidgely | US | Power Analytics | 16.6 | B | Constellation Technology Ventures |
Fortscale Security | US | Cybersecurity | 16 | Seed | CME Ventures, UST Global |
Iguaz.io | Israel | Cloud Storage | 15 | A | Magma Venture Partners, JVP |
Savi Technology | US | IoT Analytics | 15 | Seed | SGS |
VideoAmp | US | Adv Management Analytics | 15 | A | RTL Group |
MindTickle | US | Sales Analytics | 12.5 | A | New Enterprise Associates, Accel Partners |
Unitive | US | Recruitment Analytics | 7.5 | A | Ignition Partners, Kapor Capital, Floodgate and Correlation Ventures |
Clarisite | Israel | Behavioral Analytics | 5.5 | A | Lazarus Israel Opportunities Fund |
Fuzzy Logix | US | Enterprise Analytics | 5.5 | A | New Science Ventures |
Descartes Labs | US | Deep learning GIS | 5 | A | Cultivian Sandbox, Crosslink Capital, TenOneTen Ventures |
Deep Genomics | Canada | Genomics ML | 3.7 | Seed | True Ventures, Bloomberg Beta |
TwoXAR | US | Drug discovery | 3.4 | Seed | Andreessen Horowitz |
BridgeU | UK | Predictive Edutech | 2.5 | Seed | Octopus Investments, Fresco Capital, Seedcamp |
Semantics3 | Singapore | E-commerce Analytics | 1.5 | Seed | E-Merge, Zillionize |
EarlySalary | India | Mobile Lending | 1.5 | Seed | Transcorp Group |
AdHawk | US | Adv Management Analytics | 1.4 | Seed | Zelkova Ventures, Techstars Ventures |
Yet Analytics | US | Training Analytics | 1.3 | Seed | Panther Angels and Baltimore Angels |
Oddup | Hong Kong | VC Investment Analytics | 1 | Seed | Kima Ventures, Click Ventures |
Alpaca | US | Trading | 1 | Seed | n/a |
Wigzo | India | Marketing Automation | 0.5 | A | AdvantEdge Partners, Singapore Angel Network |
Arcstone | Singapore | Industrial Analytics | A | Global Brain, 500 Startups, YSS Capital | |
MoMagic | India | Marketing Analytics | Seed | Foxconn | |
KountMoney | India | Peer to Peer Lending | Seed | TracxnSyndicate | |
Crayon Data | Singapore | Sales Analytics | n/a | Ratan Tata |