What is Predata?
Predata specializes in leveraging alternative data and advanced machine learning algorithms to quantify online human behavior, thereby anticipating the risk of future geopolitical and market events. The company is actively developing a comprehensive predictive analytics platform designed to provide critical risk intelligence. Its platform empowers clients to discover, quantify, and act upon dynamic shifts in online behavior, offering early warnings for potential risk events across various countries, operational footprints, or areas of interest when combined with its proprietary event database.
How much funding has Predata raised?
Predata has raised a total of $3.6M across 2 funding rounds:
Private Equity
$3.3M
Debt
$350K
Private Equity (2016): $3.3M with participation from Chicago Ventures, Conversion Capital, and Edison Partners
Debt (2020): $350K led by PPP
Key Investors in Predata
Edison Partners
Edison Partners is a growth equity firm that partners with companies at critical growth stages, providing capital and operational expertise through its Edison Edge platform to accelerate scaling.
Conversion Capital
Conversion Capital is a venture capital firm focused on early-stage, long-term investments in AI, cloud infrastructure, and software companies, dedicated to building category-defining businesses.
Chicago Ventures
Chicago Ventures is a private equity firm specializing in buyouts and late-stage growth equity, focusing on identifying and nurturing great business opportunities with uncommon managerial talent.
What's next for Predata?
With the recent major strategic investment, Predata is poised for significant growth and market penetration. The company is likely to focus on expanding its data acquisition capabilities, refining its machine learning models for enhanced predictive accuracy, and scaling its sales and marketing efforts to reach a broader enterprise client base. This strategic financing will also enable Predata to further develop its platform, potentially integrating new data sources and analytical tools to maintain its competitive edge in the rapidly evolving field of predictive risk intelligence.
See full Predata company page
