Fluent, a London, UK-based data analytics platform, announced that it raised $7.5 million in seed funding.
SaaS Investors
The round was led by Hoxton Ventures and Tiferes Ventures.
Founded in 2013, Hoxton Ventures is a venture capital investment firm based in London, United Kingdom. The firm prefers to invest in technology companies based in the European region.
Tiferes Ventures is a venture capital firm based in New York, New York that invests in early-stage technology companies.
Fluent Use of Funds
The company will use the funding to accelerate tech development and team expansion, focusing on AI and machine learning experts across Europe.
About Fluent
Fluent is an AI-powered data analyst that empowers non-technical team members to ask questions in plain English directly to their data. The company's platform offers features like query in plain English, visualization, and security, enabling business decision-makers to ask a question, get an answer, and get insights instantly. Fluent streamlines team collaboration on data with real-time sharing and a shared data dictionary. The company has attracted flagship clients like Bain & Company.
Funding Details
Company: Fluent
Raised: $7.5M
Round: Seed Round
Funding Month: March 2024
Lead Investors: Hoxton Ventures and Tiferes Ventures
Additional Investors:
Company Website: https://www.fluenthq.com/
Software Category: Data Analytics
Source: https://siliconcanals.com/crowdfunding/fluent-raises-6-8m/