Funding · Enterprise Software & IT
SCIKIQ raises $1.5M funding for AI expansion
By Startup Enthusiast ·
- Date
- Company
- Scikiq
- What it does
- enterprise AI data platform
- Kind
- Funding
- Amount
- $1.5M (Rs 14 crore)
- Stage
- pre-Series A
- Based in
- Gurugram
- Founded
- 2023
- Sector
- Enterprise Software & IT
What they do
SCIKIQ is an AI-native enterprise intelligence platform that helps organizations unify, govern, and operationalize data for AI and analytics
What happened
The company raised $1.5 million in its first funding round, led by Triton Investment Advisors, to support global expansion, product development, and AI…
Why it matters
The funds will be used to establish local offices in the USA, UK, and UAE, hire regional teams, and enhance the SCIKIQ Data Platform with new AI features
The details
- SCIKIQ raised $1.5 million in its first funding round, led by Triton Investment Advisors.
- The company plans to use the funds for global expansion, product development, and AI capabilities.
- The expansion will include establishing local offices in the USA, UK, and UAE, and hiring regional teams.
- A portion of the funds will be used to augment the SCIKIQ Data Platform with new data and AI features.
- Gaurav Shinh, founder of SCIKIQ, said the funding is a major inflection point for the company.
The bigger picture
- Enterprise AI adoption is entering a decisive phase globally, creating demand for platforms like SCIKIQ.
- SCIKIQ helps organizations unify fragmented data and make it accessible through conversational AI and business intelligence systems.
- The company serves sectors such as BFSI, retail, healthcare, and manufacturing.
About the business
- SCIKIQ is an AI-native enterprise intelligence platform that helps organizations unify, govern, and operationalize data for AI and analytics.
- The platform enables companies to turn fragmented enterprise data into real-time, actionable intelligence.
- SCIKIQ serves clients in sectors such as BFSI, supply chain, retail, airlines, manufacturing, and healthcare.
- The company plans to expand internationally by establishing local offices in the USA, UK, and UAE.
- The funds will be used to enhance the SCIKIQ Data Platform with new data and AI capabilities.
What happens next
- SCIKIQ plans to establish local offices in the USA, UK, and UAE.
- The company will hire regional teams and invest in leadership roles across sales and go-to-market operations.
- A portion of the funds will be used to augment the SCIKIQ Data Platform with new data and AI capabilities.
The deal
- Type
- funding
Investors
- Triton Investment Advisors (lead) — Investment firm that led SCIKIQ's first funding round.
Founders
- Gaurav Shinh, Founder
- Rohit Kumar, Co-founder
About Scikiq
- Product
- Unified Data Hub integrating data governance, analytics, conversational AI, AutoML, and GenAI tools
- Customers
- Enterprises across BFSI, retail, e-commerce, manufacturing, and healthcare seeking data unification
- How it makes money
- SaaS platform with enterprise licensing model
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