DataChat Raises $25 Million in Series A

by Kay Aloha Villamor in September 8th, 2021

DataChat, Inc., a Madison, Wis.-based data analytics software company, closed a $25 million in Series A funding.

The round was led by Redline Capital and Anthos Capital with participation from Celesta Capital (formerly WRVI Capital) and Nepenthe Capital.

Company: DataChat Inc.

Raised: $25.0M

Round: Series A

Funding Month: September 2021

Lead Investors: Redline Capital and Anthos Capital

Additional Investors: Celesta Capital (formerly WRVI Capital) and Nepenthe Capital

Company Website: https://datachat.ai/

Software Category: Conversational Intelligence platform > AI

About the Company: Led by CEO and co-founder Jignesh Patel, DataChat allows businesses to collect data and make data-driven decisions, by simply chatting with their all-in-one platform using controlled natural language. Started as a spin-out from the University of Wisconsin, the company continues to maintain its headquarters in Madison and to receive funding from America’s Seed Fund and the Wisconsin Alumni Research Foundation (WARF), UW-Madison’s nonprofit patent and licensing organization.

Source: https://www.finsmes.com/2021/09/datachat-raises-25m-in-series-a-funding.html


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