Further Funds for Marketing Data Platform PolyBox

Newcastle-upon-Tyne, UK-based company PolyBox has raised £700,000 in funding to develop its platform, which brings market data together in real time and creates reports, forecasts and models.

Funds came from previous investor Northstar Ventures, Innovate UK and a number of angel investors, and bring the company's total raised to date to £1.5 million including investment and grants. The latest injection of cash will also be used to expand the firm's commercial market-entry operations across the UK marketing sector.

PolyBox is led by Rojin Yarahmadi (pictured), co-founder and CEO. The latest funding will support the integration of AI into the platform, including more advanced analytics. Tom O'Neill, Investor at Northstar Ventures comments: 'We're very pleased to complete our latest investment in PolyBox which will help Rojin and the team to significantly grow the business and build on the solid progress made to date. As AI continues to significantly disrupt the marketing industry, PolyBox's automated reporting solution saves time and money for busy marketing teams, whilst also supporting clear, strategic decision making.'

Web site: www.polybox.app .