Artificial Intelligence Business Analysis Company Pyramid Analytics recently announced that it has obtained a $ 50 million investment in the world's largest asset management company Blackrock. This huge amount of financing highlights the importance of AI in the field of business analysis and investors' confidence in the field. In the context of the continuous expansion of the global big data and business analysis market, Pyramid Analytics has successfully attracted Blackrock's capital injection with its combination of machine learning and artificial intelligence technology, providing strong motivation for its future development. This article will analyze the significance of this financing event and the future development prospects of Pyramid Analytics.
Recently, Pyramid Analytics, Pyramid Analytics, announced that it has received new financing of $ 50 million from the world's largest asset management company BlackRock. This investment is particularly important in the context of global companies that integrate artificial intelligence (AI) into business.
According to the forecast of the market research company Allied Market Research, by 2033, the scale of the global big data and business analysis market will reach US $ 665.7 billion, and the valuation of 2023 will be $ 225.3 billion. In such a continuous expansion market, startups that provide AI services are becoming a highlight of investors' attention.
Pyramid's analysis platform combines machine learning and artificial intelligence technology, which aims to simplify process and data analysis for customers. At present, the company's customers include the Food and Drug Administration (FDA), Hallmark, Deloitte, and Volkswagen. Pyramid is headquartered in Amsterdam and has office in London, New York and Tel Aviv. Despite the successful financing, Pyramid did not disclose its equity valuation.
Looking back on its financing process, Pyramid completed a round of E -round financing led by Hig Growth Partners in May 2022, raising funds to reach US $ 120 million, making its total financing exceeding 200 million US dollars. At that time, business websites TechCrunch estimated that it was worth nearly $ 1 billion.
John Doyle, the managing director of BlackRock, said in the investment that Pyramid is at the intersection of data analysis and AI capabilities, and both areas are enjoying a strong long -term development trend. With the continuous progress of AI technology, Pyramid is expected to occupy a place in the future market.
Points:
Pyramid Analytics has obtained a BlackRock $ 50 million investment, further promoting the development of AI business analysis.
The global big data and business analysis market is expected to reach US $ 665.7 billion by 2033, with great growth potential.
Pyramid customers include FDA, Hallmark, Deloitte and Volkswagen, and other well -known companies, with broad business prospects.
BlackRock's investment in Pyramid Analytics not only injected funds into Pyramid, but also recognized its leading position and future development potential in the field of AI business analysis. This financing will further promote the expansion of Pyramid Analytics in the global market and support its continuous innovation and technology research and development, which is worth looking forward to more breakthroughs in the field of AI business analysis in the future.