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Analytics Vendor Sisu Data raises $62M in Series C Funding Round

USTechTimes Editor by USTechTimes Editor
September 29, 2021
Home Artificial Intelligence
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Sisu, a San Francisco-based Decision Intelligence Engine, raised $62M in a Series C funding round led by Green Bay Ventures on September 28, 2021. Existing investors a16z and NEA and new investor Geodesic Capital also participated.

The new funding brings Sisu’s total capital raised to over $128M and will accelerate the company’s continued growth and investment in closing the gap between data collection and data used in decision-making.

The company also announced Explorations and Dashboards, two new capabilities that will allow businesses to accelerate the process of data-informed decision-making.

“Sisu is creating a new way for organizations to not only analyze their data but use it to make the best decisions in improving the operations, profitability, and success of their business,” said Anthony Schiller, co-managing director of Green Bay Ventures.

“This investment recognizes Sisu’s amazing growth and massive forward potential and will help the company continue to grow both its team and product suite to empower businesses of all kinds to be data-driven,” added Schiller.

Sisu is a Decision Intelligence Engine where everyone can quickly and comprehensively leverage their cloud data to understand what’s happening, why, and how to take action.

Data-forward organizations like Mastercard, Autodesk, Samsung, Upwork, Wayfair, Equinox, Udacity, and Gusto rely on Sisu to make decisions to optimize their customer journeys, accelerate revenue growth, and reduce incidents.

Based on years of research at Stanford University, Sisu’s mission is to operationalize the world’s data to enable everyone to make the best possible decisions.

Over the past year, Sisu nearly doubled its headcount, more than tripled its revenue, and saw strong customer traction. The company currently works with a range of businesses to optimize their growth, revenue, and incident rate metrics.

With Sisu’s Decision Intelligence Engine, analysts and business leaders alike can quickly and comprehensively leverage their cloud data to understand what’s happening in their business, why it’s happening, and how to take action.

The launch of Explorations and Dashboards takes the company a step closer to its goal of closing the Decision Gap: the space between the data that’s collected, stored, and organized in modern organizations and the information that’s utilized to make decisions.

“Today, businesses have massive amounts of complex data, but not enough time, people, or the right tools to analyze it – that’s the massive problem Sisu is working to solve,” said Peter Bailis, CEO and founder of Sisu.

“This financing in combination with the launch of Explorations and Dashboards allows us to further our goal of redefining how business decisions are made by empowering everyone to understand better what’s happening to their businesses, why it’s happening, and what actions to take in response,” added Bailis.

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USTechTimes Editor

USTechTimes Editor

USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

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