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Thursday, March 12, 2020

Remesh Raises $25M in Series A2 Funding

Remesh, a NYC-based software company utilizing artificial intelligence for organizations to conduct research, raised $25m in Series A2 funding.

The round, which brought total funding raised to date to over $38m, was led by General Catalyst, with participation from LionBird (Series Seed lead), North Coast Ventures, and several new external investors.

The company intends to use the funds to accelerate expansion and launch of its new AI-powered agile research platform, further grow the team and expand into the U.S. by opening up a new Cleveland office.

Led by Andrew Konya, Co-Founder and CEO, Remesh enables organizations to speak directly to up to 1,000 of their target audience live and gain insights from qualitative information at scale. The platform leverages machine learning to analyze and organize the responses in real-time. As a result, teams are able to speed up innovation cycles and uncover what customers or employees want – allowing them to build products, messaging, and organizations.

Customers include more than 600 companies such as Deloitte, Barclays, and Mercer.

Source. FinSMEs,  March 12, 2020

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