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Canada-based survey software firm Voxco acquires True North-backed Actify Data Labs

PR Newswire  

Voxco, a Canada-headquartered player in cloud and on-premise omnichannel survey software, has acquired Actify Data Labs, a Bengaluru-based data and analytics platform promoted by PE firm True North. Funding for the acquisition comes from Pivoton Capital, a current syndicate of Canadian and US private equity investors. Actify Data Labs provides a single platform to navigate every step in the data journey. It helps organizations in managing churn, enhancing customer lifetime value, reducing credit risk and making sense of unstructured text and image data. Since the launch of the platform in 2019, more than 17 organizations use Actify's platform to drive business value from data.

From the Venture Intelligence PE-VC Deal Database: In Jan-18, Actify Data Labs had raised $10-M from TrueNorth. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)