Funds for 'Data Integrity' Firm Aperio

Boston, MA-based operational data quality specialist Aperio Systems Inc. has closed a $9m Series A1 round of funding, to be used to grow its team, invest in its product and improve customer experience.

Aperio is led by CEO Jonas Hellgren and helps clients identify and fix poor data quality, at scale. Its platform allows users to visualize data problems, prioritise them and solve them, helping to avoid risks in making use of more data and thereby improve operational performance. At the heart of this is a proprietary machine learning engine which pulls in operational customer data from databases and other sources and evaluates its quality.

Earlier this year the company released DataWise 2.0, adding advanced tools like comprehensive root cause analysis and event pattern recognition, aiming to improve the user experience through intuitive workflows and issue prioritization.

The latest round, three years on from its initial funding, was led by VC and growth firm Momenta, with participation from investors including Chevron Technology Ventures, NextEra Energy, National Grid Partners, Delek US and Bazan Group.

Hellgren comments: 'In an extremely challenging market, we were able to secure multiple term sheets, partnering with Momenta to lead this funding round. We intend to expand the core team to meet increasing customer demand, as the need for our software continues to accelerate and expand into new industries'.

Web site: www.aperio.ai .

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