Faraday Raises $4.1 Million in Series A

by Kay Aloha Villamor in August 31st, 2021

Faraday Burlington Vermont-based has raised $4.1 in Series A round led by Intercap, previous investors FreshTracks Capital and Launch Capital also participated.

The company is expanding its data science, engineering, and revenue teams to strengthen its position as the leading provider of consumer behavior predictions. 

Company: Faraday, Inc.

Raised: $4.1M

Round: Series A

Funding Month: July 2021

Lead Investors: Intercap

Additional Investors: FreshTracks Capital and Launch Capital 

Company Website: https://faraday.ai/ 

Software Category: Prediction platform>AI

About the Company: Faraday (faraday.ai) helps teams grow closer to their customers through responsible data and ethical AI. The Faraday Prediction Cloud lets growth teams and their partners easily make and deploy consumer behavior predictions throughout their tech stacks, radically improving targeting, personalization, and customer engagement efforts at scale.

Source: https://www.prnewswire.com/news-releases/consumer-prediction-platform-closes-series-a-financing-doubles-headcount-301336594.html

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