Rupert, a New York-based company that provides analytics distribution & actionability tools, raised $8 million in a seed funding round led by Cortical Ventures, and IA Ventures.
Citi Ventures and Joule Ventures also participated in the funding, along with other prominent figures in the data industry, including executives from Alation, Looker, SAP, Snowflake, Weights & Biases, Snowplow, and the founders of Stitch.
With this funding, the company plans to expand its platform by adding user-demanded features and integrations and enhancing its marketing efforts.
Rupert’s platform connects analytics sources like BI tools and metric layers with operational platforms and communications tools. The platform leverages natural language capabilities like text-to-SQL to understand an organization’s analytics assets such as dashboards and metrics while continuously learning from users’ analytics consumption behaviors.
The platform generates tailored insights for each user with accompanying recommended business actions that come directly from operations systems like Salesforce or campaign managers.
“The most effective business teams take data-driven business actions, which lead to superior business results,” said Ziv Wangenheim, Co-Founder & CEO at Rupert, in a release. “While organizations invest heavily in infrastructure for analytics, the insights their business teams need remain reactive, hidden, and idle in endless reporting dashboards. These dashboards are designed for exploration, rather than being proactive and driving meaningful business actions. Our customers strive to be truly data-driven and need the ability to activate their insights and measure the business impact of their analytics.”
Company: Rupert, Inc.
Raised: $8.0M
Round: Seed funding
Funding Month: April 2023
Lead Investors: Cortical Ventures and IA Ventures
Additional Investors: Citi Ventures and Joule Ventures
Company Website: https://www.hirupert.com/
Software Category: Analytics Software
About the Company: Founded in 2020 by Ziv Wangenheim and Yoni Steinmentz, Rupert is an analytics software company that helps businesses to close the loop between data analytics and action. The company provides an analytics distribution and engagement platform intended for solving the last-mile problem in the analytics chain. It offers a real self-serve interface for business teams to consume insights without introducing additional workflows, enabling businesses unifies data analytics across multiple disparate tools and bridging the gap between analytics production and consumption. Its platform offers a suite of tools for data visualization, analytics, and action planning, enabling businesses to quickly turn insights into action and make data-driven decisions.
Source: https://www.datanami.com/2023/04/12/rupert-is-closing-the-analytics-to-action-loop-with-8m-seed-funding/