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Zenlytic Secures $9 Million in Series A Funding Led by M13 to Scale AI Data Analyst
NEW YORK, NY / ACCESSWIRE / September 26, 2024 / Zenlytic, the world's first self-serve business intelligence (BI) platform, has successfully closed its $9 million Series A funding round. M13 led the round, with participation from Bain Capital Ventures, Primary Ventures, Company Ventures, Correlation Ventures, and 14 Peaks, among others.
Zenlytic aims to modernize how businesses conduct data analysis by providing an advanced AI data analyst named Zoë. Unlike traditional BI tools, Zoë operates autonomously, answering complex questions and delivering high-value insights. This innovation allows users to make informed, data-driven decisions quickly.
The funds will enhance Zenlytic's engineering and product innovation efforts, as well as expand market reach. "This is a huge milestone for Zenlytic," said Ryan Janssen, CEO and co-founder. M13's Karl Alomar also expressed enthusiasm about supporting Zenlytic's growth.
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