Pyramid Analytics (Pyramid), a London, New York City, and Tel-Avi-based pioneering decision intelligence platform provider, announced that it closed $120 million in Series E funding, bringing the company’s total venture capital raised to more than $200 million.
The round was led by H.I.G. Growth Partners, the dedicated growth capital investment affiliate of H.I.G. Capital, with the participation of Clal Insurance Enterprises Holdings, Kingfisher Capital, and General Oriental Investments.
Early investors who participated in this new round are JVP, Maor Investments, Sequoia Capital, and Viola Growth.
The $120 million round will be strategically invested to drive hyper-growth and make Pyramid the next Analytics Leader by accelerating the company’s first-mover advantage in augmented analytics capabilities and the decision intelligence category.
Company: Pyramid Analytics BV
Raised: $120.0M
Round: Series E
Funding Month: May 2022
Lead Investors: H.I.G. Growth Partners
Additional Investors: Clal Insurance Enterprises Holdings, Kingfisher Capital, General Oriental Investments, JVP, Maor Investments, Sequoia Capital, and Viola Growth
Company Website: http://www.pyramidanalytics.com/
Software Category: Decision Intelligence
About the Company: Pyramid is a pioneering decision intelligence platform provider, that delivers a frictionless decision-making environment that tames the chaos created by data silos and the proliferation of self-service analytics tools. Its award-winning, AI-driven platform combines the very best of data prep, business analytics, and data science in a single, unified environment. The Pyramid Platform provides instant access to any data, enables automated governed self-service for any person, and serves any analytics need, from the simple to the sophisticated. By uniquely combining Data Prep, Business Analytics, and Data Science with AI guidance in a single environment, the Pyramid Platform reduces cost and complexity while accelerating growth and innovation. More than 1 million decision-makers rely on Pyramid to make faster, more intelligent decisions.
Source: https://www.pyramidanalytics.com/company/news-room/pyramid-analytics-closes-120-million-series-e-financing/