Numerify Closes $27.5M Funding Round

Funding Rounds

▤ Summary

Numerify , a San Jose, CA-based provider of AI-powered IT business analytics solutions, raised $27.5m in funding.As part of the financing, DAG Managing Partner Nick Pianim joined Numerify’s board of directors.The company intends to use the funds to grow its enterprise customer presence and accelerate the introduction of new analytic solutions that embed artificial intelligence and machine learning capabilities.Led by Gaurav Rewari, co-founder and CEO, Numerify provides an AI-powered analytics platform for the business of IT, spanning people, process, and project data.Global 2000 organizations, including companies ranked in the top 5 across 11 major industries, use its IT business analytics applications to improve application health, reduce service costs and optimize resource usage.

$ Funding

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Amount $27.5M Total raised
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Date October 16, 2018 Announcement date
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Investors DAG Ventures Lead investors
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Company http://www.numerify.com Funded company

▥ Classifications

industries
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applications
Business Intelligence

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▦ Linked Companies

Numerify
$10M to $25M