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ConverSight raises $9M to accelerate data analytics with generative AI

Aug 28, 2023 - venturebeat.com
Indianapolis-based startup ConverSight has raised $9 million in a series A funding round to enhance its generative AI for faster data analytics. The funding will be used to expand its product with new features and fuel go-to-market efforts. The investment was led by Surface Ventures, with participation from Techstars, Augment Ventures, Elevate Ventures, and other earlier backers. The company has raised over $15 million to date.

ConverSight offers a self-service solution for enterprise customers, covering the entire process from data integration and storage to data transformation, analysis, and reporting. The company plans to use the new funding to accelerate its go-to-market teams and efforts, as well as build out new product innovations to transform how companies consume data analytics. This will include a new feature called MarketSpace, a curated list of commonly used resources and solution templates for enterprise teams.

Key takeaways:

  • Indianapolis-based startup ConverSight has raised $9 million in a series A funding round to enhance its generative AI for better and faster data analytics.
  • The funding will be used to expand the product with new features and fuel go-to-market efforts.
  • ConverSight's platform offers a self-service, all-in-one solution for enterprise customers, covering the entire process from data integration and storage to data transformation, analysis, and reporting.
  • With the new funding, ConverSight plans to accelerate its go-to-market teams and efforts, build out new product innovations, and introduce a new feature called MarketSpace.
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