Tellius, the AI-driven determination intelligence platform, introduced lately that it has raised a $16M Sequence B funding led by Baird Capital. The latest capital raised brings the corporate’s complete fundraising to $33 million so far.
Headquartered in Virginia, the corporate supplies data-driven options for Fortune 500 corporations and organisations throughout totally different industries that embrace CPG, eCommerce, pharmaceutical, banking, monetary companies, and insurance coverage. In India, they’ve an workplace in Bengaluru.
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The corporate leverages machine studying options to offer data-led enterprise insights for organisations to enhance their decision-making and acquire a aggressive benefit in a comparatively quick time frame.
In response to the funding, Tellius claims that it’s aimed in the direction of increasing the corporate’s go-to-market capabilities, and assist expertise acquisition throughout gross sales, advertising, and product engineering features.
Addressing this, Ajay Khanna, founder and CEO of Tellius, mentioned, “This latest spherical of funding from prime buyers is proof of our imaginative and prescient and talent to execute as extra organizations search strategic benefit and superior enterprise outcomes from information”.
