Stratifyd Secures $10m Growth Capital Funding

Customer analytics specialist Stratifyd has raised $10m in a debt-financing round, which it will use to support further growth plans.

Stratifyd provides an artificial intelligence-powered data analytics platform which analyzes and visualizes complex unstructured and structured data sets. The platform is built on the firm's patented algorithms - using machine learning and natural language processing - to analyze data such as the voice of customer, product reviews, surveys, online chat transcriptions, system logs, emails, employee satisfaction, social media engagement, and news articles.

Debt-financing comes from CIBC Innovation Bank, and Derek Wang (pictured), CEO of Stratifyd, comments: 'We're thrilled about this investment as it will help us achieve our goals by giving us the ability to hire top talent to help expand our solution's capabilities and attract new clients. Debt financing is especially humbling because it shows that an investor not only believes in Stratifyd and our vision for growth, but also sees the value of our platform.'

Web site: www.stratifyd.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.