Funds for Real-Time Analytics Firm Manta

In the US, Manta, a an AI-based platform democratizing 'rigorous, real-time data analytics', has secured $2m in funding.

Manta was built by engineers and researchers 'tired of gatekeeping' in analytics, and allows users to ask complex questions and get 'trustworthy' answers, in minutes. Its clients range from local governments to national nonprofits.

The investment comes from Equal Opportunity Ventures, whose Managing Partner Michelle Rhee comments: 'We believe Manta is reshaping the very idea of who gets to work with data. This isn't about dashboards. It's about democratizing data science for people making real-world decisions every day.'

Pawel Balon (pictured), Manta's Head of AI, comments: 'Data science today is powerful, but still exclusionary. We built Manta to flip that dynamic - to give organizations the same analytical firepower as a university lab or Silicon Valley team, without the cost or complexity. Equal Opportunity Fund's support allows us to scale that vision and get this technology into the hands of the people who need it most.'

Web site: www.joinmanta.ai .

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