Daash Intelligence, a Miami, Florida-based predictive intelligence platform for retail markets, closed its $2.75 million in seed funding.
The round was led by Silicon Road Ventures and New Stack Ventures, with participation from Red Bike Capital, Willow Growth Partners, and OpenSky Ventures.
Founded in 2019, Silicon Road is a venture capital firm based in Atlanta, Georgia. The firm seeks to invest in the information technology, retail, and consumer non-durables sectors.
New Stack Ventures is a venture capital firm that seeks to invest in B2B SaaS, fintech, ecommerce, Supply chain, cyber, proptech, and healthcare. Founded in 2015 and headquartered in Chicago, Illinois.
Daash Intelligence Use of Funds
The company plans to use the funds to enhance the accuracy of its predictive intelligence platform and expand its go-to-market efforts across various consumer packaged goods (CPG) categories.
About Daash Intelligence
Daash Intelligence is a startup that focuses on predictive intelligence and data-driven insights for retail markets, including eCommerce, brick-and-mortar, and direct-to-consumer (DTC) channels. It has developed proprietary technology that empowers brands to identify market dynamics, track competitors, and understand the factors driving trends. The platform helps brands make data-driven decisions related to new product development, marketing strategies, and channel sales optimization.
Company: Daash Intelligence
Round: Seed Round
Funding Month: October 2023
Lead Investors: Silicon Road Ventures and New Stack Ventures
Additional Investors: Red Bike Capital, Willow Growth Partners and OpenSky Ventures
Company Website: https://www.daash.co/
Software Category: Predictive Intelligence Platform