$50m for Decision Intelligence Platform Pyramid Analytics

AI-driven analytics and decision intelligence company Pyramid Analytics has raised $50m in financing, with which to expand its operations and further develop its software.

Pyramid's Decision Intelligence Platform automates data preparation and the provision of insights for business decision-making, allowing for analysis of business data in a no-code environment. Employees across the enterprise can then collaborate in making use of the results. The firm is headquartered in Amsterdam with regional bases in London, New York City and Tel Aviv.

The injection of funds came from BlackRock Capital Investment Advisors and adds to a total of $211m raised previously, including a $120m Series E round in 2022. Pyramid CEO and founder Omri Kohl comments: 'We are honored by BlackRock's vote of trust in our vision and execution as we bring the next-generation analytics solution to the upper mid-market and enterprise organizations'.

Web site: www.pyramidanalytics.com .

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