Noogata raises $12M seed round for its no-code enterprise AI platform –
Summary
Noogata, a startup that offers a no-code AI solution for enterprises, today announced that it has raised a $12 million seed round led by Team8, with participation from Skylake Capital. The company, which was founded in 2019 and counts Colgate and PepsiCo among its customers, currently focuses on e-commerce, retail and financial services, but it notes that it will use the new funding to power its product development and expand into new industries. This empowers users to go far beyond traditional business intelligence by leveraging AI in their self-serve analytics as well as in their data solutions.” We’ve obviously seen a plethora of startups in this space lately. “Noogata is perfectly positioned to address the significant market need for a best-in-class, no-code data analytics platform to drive decision-making,” writes Team8 managing partner Yuval Shachar. Add to that a stellar founding team, and there is no doubt in my mind that Noogata will be enormously successful.” Early Stage is the premier “how-to” event for startup entrepreneurs and investors.