$10M to Unlock Data Intelligence and Predict the Future

Via Company website – The team and I are excited to share that we’ve raised US$10M in a Series A funding round led by Aspect Ventures, including Lightspeed and returning investors Rampersand, Addventure and Tony Faure.

PredictHQ has never been a slow-growing company; we’ve been global from day one. But we’re excited to double down on this funding injection and scale our team quickly to tackle the many interesting challenges and opportunities that come with working at the frontier of data intelligence.

We’re thrilled to welcome Theresia Gouw, Aspect Ventures co-founder and former managing partner of Accel, to our Board of Directors. Arif Janmohamed, partner at Lightspeed, will also be joining the team as a Board Observer.

One of the themes we keep hearing in our conversations with investors and customers is that PredictHQ defines a category: we unlock previously-unobtainable intelligence and create world-first IP.

Since we launched our API three years ago, we have relentlessly focused on creating a platform that can handle the dynamic nature of scheduled and unscheduled real-world events. It’s not an easy problem to solve – we know this first-hand – and it’s been confirmed by many of our customers who are some of the smartest and most recognisable businesses in the world, and who attempted to build their own versions before they discovered ours.

Our focus on building a uniquely capable platform forms the foundations for moving into our next phase of value creation for our customers. We have some really exciting product plans in the pipeline, which I’ll share a preview of at the end of this post.

But before we go charging off into the future, I want to take a quick breather and reflect on our journey so far.