Pecan, an AI-powered business analytics platform, has raised $35M in a Series B with participation from GGV Capital, S Capital, Dell Technologies Capital, and more.

How’s the company performing?

  • Israel-based Pecan uses its AI technology to create rapid indicative models. The platform allows analysts and businesses to add data, release off-the-shelf predictive models, and see final outputs.
  • The company has 50 employees and plans on doubling that within the next year.
  • Pecan’s platform can deliver accurate predictive models to customers within weeks with no pre-existing knowledge and with a 90% accuracy rate.
  • Pecan’s platform is used by retailers, consumer products companies, and mobile app developers. Its clients include Johnson & Johnson, among others.

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The post GGV Capital-Backed Pecan Raises $35M To Expand Its Predictive Analytics Platform appeared first on CB Insights Research.

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