How Much Did Pecan Raise?
Funding & Key Investors

Pecan, a prominent player in the predictive analytics and artificial intelligence sector, has secured substantial enterprise-level funding, with its total capital raised standing at $112M. The company recently announced a major strategic investment of $66M, underscoring its continued growth and market traction. This latest financing round follows a series of significant capital injections, reflecting investor confidence in Pecan's innovative approach to data utilization.

What is Pecan?

Pecan
SoftwareBusiness Intelligence (BI) Software

Pecan is a rapidly-growing startup focused on reinventing how organizations leverage data through advanced predictive analytics and artificial intelligence. The company's platform aims to empower businesses to derive impactful insights from their data, driving operational efficiency and strategic decision-making. Pecan's commitment to innovation in AI and data analytics positions it as a key player in the enterprise software landscape, enabling clients to transform raw data into actionable intelligence.

How much funding has Pecan raised?

Pecan has raised a total of $112M across 3 funding rounds:

2020

Series A

$11M

2021

Series B

$35M

2022

Series C

$66M

Series A (2020): $11M with participation from Dell Inc. and S Capital

Series B (2021): $35M led by Dell Technologies Capital, S-Capital, Vintage, Mindset, and GGV Capital

Series C (2022): $66M supported by GGV Capital, Mindset Ventures, Dell Technologies Capital, S Capital, Insight Partners, and Vintage Investment Partners

Key Investors in Pecan

GGV Capital

GGV Capital is a global venture firm investing in seed-to-growth stage companies across Social/Internet, Enterprise Tech, and Smart Tech sectors, with a focus on local founders.

Dell Technologies Capital

Dell Technologies Capital is a venture capital firm specializing in early-stage technology companies, particularly those focused on data, security, and DevOps.

S Capital

S Capital VC is a venture capital firm that invests in deep technology, cybersecurity, fintech, enterprise software, SaaS technology, machine learning, and data analytics, supporting innovative startups.

What's next for Pecan?

With its recent major strategic investment and a robust history of enterprise-level funding, Pecan is poised for accelerated expansion. The company is likely to focus on scaling its operations, enhancing its AI-driven product offerings, and broadening its market reach. This significant capital infusion will support further research and development in predictive analytics, enabling Pecan to solidify its position as a leader in the artificial intelligence and data analytics space. Future growth may involve strategic partnerships and continued technological advancements to meet the evolving demands of data-intensive industries.

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Frequently Asked Questions Regarding Pecan Financial Insights

What are the most recent funding rounds that Pecan has completed, and what were the funding rounds?
Pecan has recently completed 3 funding rounds: Series C on Feb 2, 2022, Series B on May 5, 2021, Series A on Jan 31, 2020.
What is the total amount of funding Pecan has raised to date?
Pecan has raised a total of $112M in funding to date.
How many funding rounds has Pecan completed?
Pecan has completed 3 funding rounds.
How much funding did Pecan raise in its most recent funding round?
Pecan raised $66M in its most recent funding round.
Who are the lead investors in Pecan's latest funding round?
The lead investor in Pecan's latest funding round was GGV Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pecan's history?
The largest funding round in Pecan's history was $66M.
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