Noogata is an artificial intelligence company based in Tel Aviv, Israel. It has raised $16M in Series A funding. The startup has plans to expand into the United States. Its technology abstracts away much of the development work. Eight Roads and Team8 led the funding round, with the participation of Allon Ventures.
Noogata is a global leader in no-code artificial intelligence
Noogata has a team of over 40 in Tel Aviv and New York City. Its goals this year include expanding its R&D and sales teams as well as establishing partnerships with large data warehouses. The company is also looking for talented engineers to join the team.
Noogata offers no-code AI solutions for enterprises. The company recently raised $16 million in a series A round of funding led by Eight Roads and Allon Ventures. The company also has seed investment from Team8 and Inference Partners. The new funding will be used to increase product development.
The Noogata platform allows anyone to connect data sources and turn it into actionable insights, predictions, and analytics. Because the solution is SaaS-based, it requires no coding experience. It includes pre-defined AI blocks that target specific use cases and include everything needed to turn raw data into insights.
Noogata is the global leader in no-code AI. Its platform was designed for business users and turns data into actionable insights that will drive business growth. The Noogata AI platform eliminates the hassle and expense of building and maintaining AI models. Blue-chip companies use Noogata to power their data analytics processes.
The latest funding round Noogata received will help the company expand its product development and organizational growth. The investment will also help the company serve existing customers while targeting new markets. Noogata plans to use the funds to continue developing its no-code AI software.
Its technology abstracts away much of the development work
Noogata, a startup founded by Assaf Egozi and Oren Raboy, provides a prebuilt AI platform with a set of AI blocks that can be assembled in a modular fashion. These blocks can be used to create a wide range of applications. The platform leverages no-code AI frameworks and abstracts away much of the development work. With its prebuilt AI blocks, customers no longer have to spend time and effort auditing and retraining their AI solutions.
It plans to have over 100 employees by 2022
The startup plans to use the funds to expand its operations and hire leadership roles, aiming to hire over 100 employees by 2022. The startup currently has over 40 employees in both Tel Aviv and New York City, and will be hiring for roles across engineering, marketing and sales. In addition, it plans to create partnerships with large data warehouses and add more product features.
Noogata is an artificial intelligence (AI) company that provides a no-code platform that enables business users to turn data into actionable insights. These insights can help organizations improve their bottom line by enabling professionals to make data-driven decisions. The startup has already signed contracts with PepsiCo and Colgate. The company plans to hire more than 100 employees by 2022, and plans to reach over $100 million in revenue by 2022.
Its expansion plans in the United States
Noogata, a leading provider of location-based intelligence for consumer products and services, has recently announced plans to expand its product and service offerings in the United States. The company plans to hire for a variety of positions in sales, engineering, marketing, and customer success in the coming year. It aims to have over 100 employees by the end of 2022.
The company plans to leverage its eCommerce library, which consists of advanced analytics modules that target fundamental eCommerce activities. The eCommerce library is designed to seamlessly integrate into mDesign’s existing tech stack and business intelligence tools. It will allow mDesign to examine the ecosystem and track key emerging consumer trends. It will also help the company estimate product positioning and pricing and will assist with developing high-impact advertising strategies.
Noogata’s CEO, Assaf Yagozi, admires the ability of artificial intelligence to improve business results. He has spent ten years working in management consulting firms like McKinsey and Company. He also holds a MBA with honors from Harvard Business School and a bachelor’s degree in computer science and economics from Tel Aviv University. The company’s mission is to help organizations adopt AI and data science solutions without the costs and headaches of developing custom solutions.
Noogata has raised $16 million in Series A funding led by Eight Roads. It also received seed funding from Inference Partners and Team8. The funding will fuel the company’s rapid growth. It will help enable any business user to make data-driven decisions using artificial intelligence.
Noogata’s AI-powered data cloud is designed to enable companies to harness big data from multiple channels. It helps companies unlock their growth, capture new markets, and optimize their operations. The platform combines multiple data sources and AI to provide answers to all the critical questions for a company. In addition, it can be customized to suit a company’s unique needs. Among its clients are household names such as PepsiCo and Walmart.
Tel Aviv, Israel-based Noogata, which was founded in 2019 by Assaf Egozi and Oren Raboy, a former senior product manager at Cisco, offers modular preset “AI blocks” engineered to target business needs like managing ecommerce channels and supply chains. The platform leverages no-code, AI-powered frameworks to deliver data insights that companies can embed in reports and dashboards. And because Noogata abstracts away much of the development work, customers don’t have to continuously retrain or audit these AI solutions, the company claims.
Noogata says that the Colgate-Palmolive Company is using its platform to support key sales and marketing functions. Another customer, PepsiCo, is employing the platform across certain farming sites in Europe to help optimize the yield of agricultural raw materials.
“We started Noogata because we believe the data wars won’t be won by data scientists and data engineers alone. We realized we needed a new kind of data operator,” Egozi told VentureBeat via email. “Digitization of everything accelerated in 2020 and data is everywhere — in existing systems inside the enterprise, with partners and along the supply chain. It’s also in new and alternative, external sources like social media, news, weather, research reports, and customer buying patterns and profiles … Enterprises have made great strides in building their data foundations. Now they need to use that foundation to make better, faster decisions.”