Bonfire Analytics Closes Over $1 Million in Pre-Seed Round

by Kay Aloha Villamor in August 28th, 2023

Bonfire Analytics, a New York-based startup offering AI-driven lead scoring and claims-based targeting, has just closed its pre-seed funding round with over $1 million in investment.

Bonfire Future Plans and Goals

With its funding, Bonfire Analytics plans to perfect the product experience and acquire high-value data sets that will make their predictions more accurate. The team will soon hire customer success, sales representatives, and data engineers to widen support for the growing demand the company is encountering. The overall goal of Bonfire Analytics is to create a product that eliminates customer problems and fits the market's needs.

About Bonfire

Founded in 2022 by Vinay Nagaraj and Jaya Pokuri, Bonfire Analytics is a healthtech company that enables digital health, medical device, and biotech organizations to identify qualified leads through machine learning and analytics. The company’s proprietary platform leverages millions of data points involving demographics, disease prevalence, social risk factors, and claims information to equip sales representatives with the most accurate lead scores. The company’s proprietary platform leverages millions of data points involving demographics, disease prevalence, social risk factors, and claims information to equip sales representatives with the most accurate lead scores.

Funding Details

Company: Bonfire Analytics, Inc.

Raised: $1.0M+

Round: Pre-Seed Round

Funding Month: August 2023

Lead Investors: Undisclosed 

Additional Investors:

Company Website: https://www.bonfireanalytics.com/

Software Category: AI-driven Lead Generation Platform

Source: https://www.globenewswire.com/news-release/2023/08/24/2731472/0/en/Bonfire-Analytics-an-AI-driven-lead-generation-platform-closes-pre-seed-round-with-over-one-million-in-investment.html


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