Signal AI, a London-based artificial intelligence company, secured $50 million (£37.52m) in Series D funding to develop its “decision augmentation” solution used by business leaders to make data-driven strategic decisions.
The round was led by venture capital firm Highland Europe, with participation from asset manager Abrdn. Existing investors Redline, MMC, Hearst, and Guardian Media Group Ventures backed the startup once again.
The investment will allow Signal AI to continue to attract the best-in-class ML and AI product engineering talent, to scale our AIQ platform, grow our international hubs and advance the use of its decision augmentation solution with some of the world’s biggest companies.
Company: Signal Media Ltd.
Round: Series D
Funding Month: December 2021
Lead Investors: Highland Europe
Additional Investors: Abrdn, Redline, MMC, Hearst, and Guardian Media Group Ventures
Company Website: https://www.signal-ai.com/
Software Category: AI-powered PR platform
About the Company: Founded in 2013, Signal AI is a leading global decision augmentation company, turning the world’s data into knowledge and empowering business leaders across a range of industries to make informed and confident decisions. The company’s platform uses AI to analyze market and media intelligence that is relevant to a specific business decision-maker across multiple sectors, 40% of the Fortune 500 including Deloitte, Bank of America, and Google use the Signal AI decision augmentation solution for real-time market and media intelligence to uncover trends, risks, and opportunities and support critical decision-making.