Raises $1 Million Series Seed Financing - Blog
Summary
ThinkCX, the telecom churn prediction company that is changing the Advanced and Predictive Analytics landscape, has raised $1 million in a Series Seed round led by Vancouver Founder Fund (VFF) with the participation of various new and existing Angel investors. An emerging member of Vancouver’s enterprise software community, ThinkCX provides their clients with a machine-learning analytics solution that helps them mitigate the losses caused by customer churn. ThinkCX’s predictive intelligence solution is a sophisticated machine-learning platform that uses the insights gained from a variety of big data sources to detect churn events. ThinkCX then delivers a report of churn events and analyses to the brand’s retention or marketing team, enabling them to identify and target other potential churners or prospects. ThinkCX operates as a standalone solution for brands that are in the initial stages of deploying predictive analytics, but for brands that already do predictive churn modeling, the ThinkCX churn analysis acts as an enhancement to the brand’s existing model, making it more powerful and more effective.