BOULDER, Colo.–(BUSINESS WIRE)–Unsupervised, the first automated analytics platform, announced today that it has closed a $35 million Series B round by new investors Cathay Innovation and SignalFire with participation from prior investors Coatue, Eniac Ventures, NextGen Venture Partners and Elad Gil.
Customers at all stages of data maturity — from the Fortune 50 through the Fortune 5000 — have discovered over $52 million in opportunities to optimize their business in the first few months of 2021 with Unsupervised’s AI platform. This funding will accelerate both Unsupervised’s market growth and product roadmap, delivering even greater impact to more organizations.
“We’re on a mission to move customers from reactively using data to becoming data profitable,” said Noah Horton, CEO and co-founder of Unsupervised. “Finding and identifying insights is typically a laborious process, which is why the vast majority of an enterprise’s data never gets analyzed. Having gone through a series of ‘black swan’ events recently, organizations realize the need to uncover and act on insights faster. Unsupervised is providing customers a new way to turn data into actual money.”
Unsupervised’s singular end-to-end platform unlocks value in data for business teams. This includes automating tasks that typically require months and manual resources, such as data preparation, aggregation, feature engineering, and insight discovery. The platform not only…