Growth Intelligence raise $3.4m from MMC, 83North & Top Angels
12th March 2015
Growth Intelligence has raised $3.4m from a combination of venture capitalists and angel investors.
The company collates and crunches web-scale data to help organisations generate high quality leads, and decrease their reliance on cold calling and untargeted online ad-space.
Growth Intelligence will use the venture money to hire data scientists, support algorithm development, and to increase return on investment for their clients.
Multiple investors have participated in Growth Intelligence’s first round, including MMC Ventures and 83 North, and angel investors including founder of Indeed.com Paul Frost, early Google employee Hal Varian, and investor in Yahoo! Jon Taysom.
In March 2013, Growth Intelligence become one of the first ever members of Level39, and in August of the same year, graduated to Level39’s High Growth Space: 42.
Tom Gatten, founder and CEO said, “Being able to predict whether a deal will close before you contact a prospect dramatically increases the efficiency of our clients’ marketing. We’re proud to be taking predictive marketing to the world with such a distinguished team around us”