How Much Did Tangent Works Raise?
Funding & Key Investors

Tangent Works has secured significant capital, with its total funding reaching $6.4M following a recent major strategic investment of $4.3M. This latest round of financing underscores the company's progress in the enterprise AI and data analytics sector.

What is Tangent Works?

Tangent Works
SoftwareBusiness Intelligence (BI) Software

Tangent Works specializes in empowering businesses to derive greater value from their time-series data through the automation of machine learning modeling. The company's proprietary Tangent Information Modeler (TIM) technology democratizes artificial intelligence, making advanced AI capabilities accessible and cost-effective for organizations that may not possess dedicated data science teams. This focus on simplifying and operationalizing AI for time-series data positions Tangent Works as a key player in the growing market for intelligent automation and data-driven decision-making.

How much funding has Tangent Works raised?

Tangent Works has raised a total of $6.4M across 2 funding rounds:

2020

Private Equity

$2.2M

2022

Unspecified

$4.3M

Private Equity (2020): $2.2M with participation from Force Over Mass Capital LLP

Unspecified (2022): $4.3M led by Saffelberg Investments, Molenwater Group, FOMCAP IV, and SFPIM Relaunch

Key Investors in Tangent Works

Saffelberg Investments

Saffelberg Investments NV is an independent investment company with a capital base of 250 million EUR, focusing on long-term investments in fast-growing ventures through risk-bearing capital. The company actively participates in diverse sectors globally, particularly emphasizing Artificial Intelligence, Internet-of-Things, and Life Sciences. Saffelberg Investments not only provides capital but also offers executive support and expertise to accelerate company growth. With investments in 40 portfolio companies generating over 1 billion EUR in turnover and employing around 3500 staff, the firm aims to create value and deliver better returns to entrepreneurs and stakeholders.

Force Over Mass Capital LLP

Force Over Mass Capital LLP is an investor that has participated in the funding rounds for Tangent Works, contributing to the company's growth and development in the AI and data analytics space.

Molenwater Group

Molenwater Group is an entity that has provided backing to Tangent Works, supporting its mission to enhance value extraction from time-series data through automated machine learning.

What's next for Tangent Works?

The substantial enterprise-level funding indicates a strategic inflection point for Tangent Works, likely signaling a phase of accelerated scaling, market expansion, and further product development. The company is poised to leverage this capital to enhance its TIM technology, broaden its customer base, and solidify its position as a leader in AI-driven time-series data analysis. Future growth will likely involve deeper integration into enterprise workflows and continued innovation in making complex machine learning accessible.

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Frequently Asked Questions Regarding Tangent Works Financial Insights

What are the most recent funding rounds that Tangent Works has completed, and what were the funding rounds?
Tangent Works has recently completed 2 funding rounds: Unspecified on Dec 15, 2022, Private Equity on Apr 16, 2020.
What is the total amount of funding Tangent Works has raised to date?
Tangent Works has raised a total of $6.4M in funding to date.
How many funding rounds has Tangent Works completed?
Tangent Works has completed 2 funding rounds.
How much funding did Tangent Works raise in its most recent funding round?
Tangent Works raised $4.3M in its most recent funding round.
Who are the lead investors in Tangent Works's latest funding round?
The lead investor in Tangent Works's latest funding round was Saffelberg Investments. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Tangent Works's history?
The largest funding round in Tangent Works's history was $4.3M.
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