PE Fund Investments
AI startup Entropik raises $25-M led by Bessemer
Bengaluru-based Entropik, an artificial intelligence-based (AI) online market research startup, has raised USD 25 million in a Series B funding round led by Bessemer Venture Partners. Other investors who participated in the round include SIG Venture Capital, Trifecta Capital and Alteria Capital as well as returning investor Bharat Innovation Fund. The company will use the fresh funds to consolidate its various tools into a single platform. Entropik helps brands measure cognitive and emotional response of consumers.
From the Venture Intelligence PE-VC Deal Database: Between Jul-2018 and Aug-2020, Entropik had raised over USD 9 M from Bharat Innovation Fund, Alpha Wave Global, IDFC Parampara Capital, Vida Ventures, Others.(Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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