Revuze, a Netanya, Israel-based provider of real-time consumer insights for some of the world’s biggest brands, announced that it raised a $12 million strategic growth investment.
The round was led by PSG and joined by industry veterans Karyn Schoenbart and Tod Johnson, former CEO and Executive Chairman of NPD Group.
This funding will be used to help accelerate Revuze’s geographic expansion into the U.S., scale its technology, and continue to innovate and grow its solution set.
“The world moves at a speed that has outpaced traditional market research tools, and Revuze was founded to help brands respond to changing landscapes in real-time in order to allow them to win in the digital era. We have made the process of data gathering, analysis, and research programmatic, arming companies with actionable, value-generating insights,” said Boaz Grinvald, CEO of Revuze. “We are proud to partner with PSG, Karyn, and Tod as we look to scale our platform to serve more brands around the globe.”
Revuze’s cloud-based software uses AI-based natural language processing to gather, cleanse, analyze, and provide insights on consumer sentiment, feedback, and overall satisfaction.
Company: Revuze Ltd
Raised: $12.0M
Round: Strategic Growth
Funding Month: November 2022
Lead Investors: PSG
Additional Investors: Karyn Schoenbart and Tod Johnson
Company Website: https://www.revuze.it/
Software Category: AI-powered Market Research on consumer products
About the Company: Founded in 2013, Revuze is a leading provider of real-time consumer insights and the first company to build a data warehouse of ready market research answers. Revuze provides some of the biggest brands in the world with access to valuable consumer insights powered by AI-based natural language processing technology. Revuze’s automated AI-powered technology analyzes free-text feedback without the need for user training, predefinitions of topics, training sets, or keywords. Revuze empowers brands to understand consumers’ preferences and behavior by delivering a faster, more efficient alternative to traditional market research. By implementing Revuze’s product set, companies can generate deep consumer insights in nearly real-time that would otherwise take months to understand. Revuze is headquartered in Netanya, Israel, and has offices in New York, NY, and Montréal, Canada.
Source: https://www.businesswire.com/news/home/20221103005235/en/Revuze-Announces-12-Million-Growth-Equity-Investment-Led-by-PSG