Noogata, an AI and Big Data Analytics Startup, gets $12M

The Israel-based startup, Noogata has recently raised $12 million of funding led by Team8. The company is aimed at developing products that can assist in designing, implementation, as well as deploying big data analytics models at scale. noogata 12m team8wiggersventurebeat.

Founded in the year 2019 by Assaf Egozi and Oren Raboy, Noogata offers modular preset “AI blocks” that is engineered to target business needs like managing ecommerce channels and supply chains. What makes the platform one of its kind is the fact that it leverages no-code, and offers AI-powered frameworks? It delivers data insights that companies can embed in reports and dashboards, as per the requirement. israelbased 12m team8wiggersventurebeat.

As per Egozi they started the venture with a belief that the data wars cannot be won by data scientists and data engineers alone. This led to the invention of a new kind of data operator. Adding to its usability, the digitization of everything accelerated in 2020 and post-pandemic data is everywhere, right from the existing systems inside the enterprise, with partners to the supply chain. It won’t be wrong to state that it is an innovative alternative of external sources like social media, news channels, research papers, and other sources available online.

Colgate-Palmolive and PespsiCo are some of the premier customers of Noogata. With competitors like Firebolt and Leadspace, time will suggest if the startup will be able to maintain its early momentum. With no-code data analytics platform to drive decision-making, Noogata has perfectly positioned to address the significant market need. The ability to unlock the value of data through AI of the platform offered by the company is a game-changer. The innovation replaces the need for internal build as well.

Noogata plans on spending the capital in accelerating its go-to-market efforts as it looks forward to acquiring new customers.              

The Israel-based startup, Noogata has recently raised $12 million. The company is aimed at developing products that can assist in designing, implementation, as well as deploying big data analytics models at scale.

Founded in the year 2019 by Assaf Egozi and Oren Raboy, Noogata offers modular preset “AI blocks” that is engineered to target business needs like managing ecommerce channels and supply chains. What makes the platform one of its kind is the fact that it leverages no-code, and offers AI-powered frameworks? It delivers data insights that companies can embed in reports and dashboards, as per the requirement. 

As per Egozi they started the venture with a belief that the data wars cannot be won by data scientists and data engineers alone. This led to the invention of a new kind of data operator. Adding to its usability, the digitization of everything accelerated in 2020 and post-pandemic data is everywhere, right from the existing systems inside the enterprise, with partners to the supply chain. It won’t be wrong to state that it is an innovative alternative of external sources like social media, news channels, research papers, and other sources available online.

Colgate-Palmolive and PespsiCo are some of the premier customers of Noogata. With competitors like Firebolt and Leadspace, time will suggest if the startup will be able to maintain its early momentum. With no-code data analytics platform to drive decision-making, Noogata has perfectly positioned to address the significant market need. The ability to unlock the value of data through AI of the platform offered by the company is a game-changer. The innovation replaces the need for internal build as well.

Noogata plans on spending the capital in accelerating its go-to-market efforts as it looks forward to acquiring new customers.