PROWLER.io completes funding round at US$100m valuation

Funding Rounds

Summary

These strategic partnerships and funds will be used to support PROWLER.io’s recent product expansion and growth, with the company continuing to expand into a wide range of industry verticals, including finance, logistics and education. PROWLER.io continues to define the AI decision-making market, developing the world’s first technology that can help businesses and organisations make better decisions in processing dynamic, real-time data in complex and uncertain environments. “Having initially focused on developing our AI platform, we are excited to be expanding our product offering into new verticals, underscoring the flexibility and innovative nature of our core technology. Implementation of the VUKU engine will ensure we lead efficiency, stay relevant and remain at the helm of emerging business and consumer trends.” Dr Ling Ge, Chief European Representative at Tencent, said: “The UK is a global leader in AI and is increasingly becoming a focus for companies looking to invest in the sector. Our AI-engine, VUKU, can process moving data in real time, adapt to uncertainty, act on sparse information and learn from experience.

$ Funding

$
Amount $26.9M Total raised
Date May 20, 2019 Announcement date
Investors Passion Capital, Amadeus Capital Partners, Atlantic Bridge, Cambridge Innovation Capital Lead investors
Company http://www.prowler.io Funded company

Classifications

industries
Fintech & Banking
applications
AI & Machine learning

AskAI Classifications

Labels
Software Machine Learning Automotive Software

Linked Companies

Secondmind
$10M to $25M