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Data analytics is the process of examining data sets in order to find trends and draw conclusions about the information they contain. And it is the process of storing, organizing, and analyzing data for business purposes. This process is used to inform key decision-makers and allows them to make important strategic decisions based on data, rather than hunches. Data analysts typically analyze raw data for insights and trends and he collects and stores data on sales numbers, market research, logistics, linguistics, or other behaviors. Here is on the list of top 10 data analytics funding in 2022.
Fractal: It is a US-based analytics firm Fractal entered the unicorn club with an investment of $360 million from TPG Capital Asia, a private equity firm. TPG would invest the money in Fractal through TPG Capital Asia, the firm's Asia-focused private equity platform.
Data Sutram: AI-based location intelligence company Data Sutram raised USD 2.07 million in funding. Data Sutram's AI and ML-driven data engine is a proprietary technology that automatically processes, cleans, and catalogs raw data and unstructured data in any format geotag it.
Synaptic: It is an India-based data analytics startup, that has raised US$20 million in a Series B funding. Synaptic's data and insights platform are used by venture capital firms and hedge funds to track companies, perform market research, and monitor portfolios.
Atlan: Data collaboration software provider Atlan closed a $50 million Series B round at $450 million led by Salesforce Ventures, Insight Partners, and Sequoia Capital India. It enables teams to create a single source of truth for all their data assets, and collaborate across the modern data stack through deep integrations with the tool.
Finarkein Analytics: It is building a low or no-code workflow orchestration and data analytics platform for India's current and upcoming Open Digital Ecosystems and raised over $15 million in funding. Finarkein Analytics are the builders of Flux: A responsible analytics platform.
TheMathCompany: Analytics and data engineering startup TheMathCompany raised $50 Mn funding from a round led by Brighton Park Capital. Their well-rounded consulting model addresses pressing gaps in conventional analytics service providers and off-the-shelf product models, including the lack of speed, reusability, and customization.
Locofy.ai: Enterprise software company Locofy.ai raised $3 million in pre-seed funding. It provides solutions to help developers and designers with its low-code platform that converts designs to production-ready code.
Impact Analytics: It is a provider of AI-driven software-as-a-service solutions for planning and merchandising within the retail industry, and has raised $11 million in Series A. Its AI-driven technology platform powers SaaS solutions aimed at optimizing the forecasting, planning, and merchandising functions for retailers and consumer packaged goods manufacturers.
Scribble data: Machine learning feature engineering startup Scribble Data raised USD 2.2 million in seed funding led by Blume Ventures. It will also use the new capital towards strengthening its integration with third-party data solutions.
Polestar solutions: Data analytics and enterprise performance management player Polestar Solutions announced that it had raised an undisclosed amount in series-A funding from a US-based strategic investor.
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