ConverSight: Closes $9MM Series A

ConverSight has announce the closing of its $9 million series A round. Surface Ventures led the round, with participation from Augment Ventures, Techstars, Elevate Ventures, and multiple other earlier backers. The company will use the new funding to fuel go to-market efforts and expand its product with new features, including what it calls “MarketSpace.”

Since its last round of fundraising in 2022, ConverSight has more than doubled its ARR and has released major product updates including a new state-of-the-art UX, expansions to its data science capabilities including an AI workbench, marketplace, and GPT-powered modeling capabilities. The company has also been awarded SOC 1 Type 1 and 2 and SOC 2 Type 1 and 2 certifications. For more information on the announcement click here.

Sonali & ConverSight CEO on the Data Insights Podcast
In light of the series A announcement, Augment Ventures founder, Sonali Vijayvargiya, joined ConverSight CEO, Ganesh Gandhieswaran, for a conversation on the Data Insights podcast. In addition to discussing the new round, the two examine how VC are addressing generative AI and new technologies. To listen to the podcast click here.

Flume & Rain Bird Receive Editor’s Choice Award
Green Industry Pros named Flume & Rain Bird as a top product in their 2023 Editor’s Choice Awards. To read more on the award please click here.

Aperia Technologies Moves to New Headquarters
Aperia moved to a new headquarters in Sillicon Valley. Its new headquarters will serve as the nerve center for consolidating all operations under one roof. The move also reinforces the company’s commitment to innovation and sustainability. For more click here.

Optilogic makes Large-scale Sensitivity Analysis Possible with ‘Sensitivity at Scale’ Product
Said CEO Don Hicks “Until now, sensitivity analysis was limited and often simply not done due to limitations of desktop and ‘half-SaaS’ design solutions. Companies can now rapidly design and test thousands of future-state supply chain scenarios to select the most robust designs to implement.” Read more by clicking here.