Continual, an San Francisco -based next-generation AI platform for the modern data stack, has announced that it raised $14.5 million in Series A funding and general availability of its cloud platform.
The round was led by Innovation Endeavors, a firm that invests in visionary founders, transformational technology, and emergent ecosystems for a new world. The round was joined by Amplify Partners, Illuminate Ventures, Inspired Capital, Data Community Fund, Activation, New Normal, GTMfund, and angels Tomer Shiran, the founder of Dremio, and Tristan Handy, the founder of dbt Labs.
The new capital, Continual will double its team by the end of 2022 to support its customers and expand functionality for more advanced use cases and user
Company: Continual, Inc.
Raised: $14.5M
Round: Series A
Funding Month: June 2022
Lead Investors: Innovation Endeavors
Additional Investors: Amplify Partners, Illuminate Ventures, Inspired Capital, Data Community Fund, Activation, New Normal, GTMfund, Tomer Shiran, the founder of Dremio, and Tristan Handy, the founder of dbt Labs.
Company Website: https://continual.ai/
Software Category: AI Analytics
About the Company: Continual is a next-generation AI platform for the modern data stack that empowers analytics and AI teams to deliver revenue-driving AI solutions faster. Midmarket and enterprise customers use Continual to deploy continually-improving predictive models to drive revenue, operate more efficiently, and power innovative products and services. Continual has raised $18.5 million in funding from Innovation Endeavors, Amplify Partners, Illuminate Ventures, Data Community Fund, and other prominent investors.
Source: https://www.businesswire.com/news/home/20220608005007/en/Continual-Raises-14.5-Million-Series-A-to-Unite-Analytics-AI-Teams-on-the-Modern-Data-Stack