Actable AI, a London, UK-based no-code advanced analytics platform, aiming to solve the headache of data analytics, secured more than €1 million in funding.
This funding boost for the London-based startup was led by Begin Capital and included participation from Charlotte Street Capital, Malta Enterprise, and a number of angel investors from the UK, the US, and Singapore.
The funding will enable Actable to launch its solution and further expand its user base. The company plans to release its Google Sheets Add-on, Excel Plugin, and several other plugins this year.
Company: Actable AI Technologies LTD.
Raised: €1.0M+
Round: unknown
Funding Month: February 2022
Lead Investors: Begin Capital
Additional Investors: Charlotte Street Capital, and Malta Enterprise
Company Website: https://www.actable.ai/
Software Category: AI-Powered No-Code Data Science
About the Company: Founded in 2020, Actable AI’s platform enables spreadsheet users to analyze their data with advanced AI-based analytics, directly in Google Sheets and Excel, without any programming or advanced knowledge of machine learning or statistics, to extract maximum value from their data. In other words, the platform makes data analytics more accessible. Actable AI technology allows users to analyze their data with eight different AI-based analytics: causal inference, regression, classification, time series forecasting, sentiment analysis, segmentation, data cleaning, and correlation analysis. The company has also introduced a stand-alone web app that can handle datasets that are too large for spreadsheets. Actable AI’s vision is to make their no-code advanced analytics engine easily integrate with third-party tools, making it as seamless as possible for non-technical users to use AI and advanced analytics.
Source: https://www.eu-startups.com/2022/02/london-based-actable-ai-raises-over-e1-million-to-supercharge-spreadsheets-with-ai/