Sigmoid Closed $12M Primary and Secondary Funding

Funding Rounds

Summary

Sigmoid, a San Francisco, CA-based data engineering, analytics and AI solutions company, closed a $12m Series B funding, in a mix of primary and secondary funding. Sequoia Capital India made the investment, which took its total committed to Sigmoid to $19.3m. The company intends to use the funds to evolve its market offerings, expand delivery centers and cater to new industries. Founded in 2013 by IIT alumni Lokesh Anand (CEO), Mayur Rustagi (CTO) and Rahul Kumar Singh (CAO), Sigmoid helps enterprises organize and manage their data, extract insights, build predictive systems, and extract ROI from their data investments. Many large enterprises in CPG, retail, financial services, and other industries use Sigmoid to extract strategic business value from data and make smarter business decisions.

$ Funding

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Amount $12.0M Total raised
Date September 15, 2022 Announcement date
Investors - Lead investors
Company - Funded company

Classifications

industries
Retail
applications
Business Intelligence

AskAI Classifications

Labels
Data Engineering Software AI Solutions Marketing Analytics Software

Linked Companies

Sigmoid
$50M to $100M