AI startup Enterpret raises $20.8M in Series A funding led by Canaan Partners

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AI startup Enterpret raises $20.8M in Series A funding led by Canaan Partners - YourStory

Quick Summary:

The funding also saw participation from prominent investors such as Kleiner Perkins, Peak XV Partners (formerly Sequoia Capital India), Wing Ventures, and Recall Capital.

Since May, the company claims to have doubled its annual recurring revenue (ARR) and counts Monday.com, Canva, Notion, Loom (Atlassian), The Browser Company, Hootsuite, Nextdoor, and Vimeo among its clients.

It develops AI models capable of consolidating and analysing large volumes of unstructured feedback from various channels, extracting key themes, sentiments, issues, and topics.