London-based MR and consumer insights platform Attest has raised $16m in a Series A round of funding, which it will use to expand its Consumer Growth Platform; open a new office in New York; and expand its engineering, product and design teams.
Launched out of beta in 2016, Attest's platform enables clients to gain answers to questions from audiences of more than 100 million consumers across 80 markets in as little as 90 seconds. Clients use Attest to find out more about their target consumers, enter new markets, build new categories, validate decisions, develop better products and services, measure their brand, and track competition.
This financing follows a year of company growth, with recurring revenues climbing 1,800% across 2018, and the Attest team more than doubling in size from 20 to more than 50. New funding has been led by venture capital firm NEA, with participation from existing investors Oxford Capital and Episode 1 Ventures.
Jeremy King (pictured), founder and CEO of Attest, comments: 'Our team is so excited to work with NEA and their global scale. NEA share our vision for helping consumer businesses discover predictable, repeatable growth by enabling anyone to get much closer to consumers and real inputs than has ever been possible before.'
Web site: www.askattest.com .
All articles 2006-20 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.