#002 Investment Alert : Intelligence Node

25th July, 2019: Announcing our investment in Intelligence Node

Retail analytics and pricing intelligence leader Intelligence Node today announced the successful close of its Series B funding round with new participating investment partners Cornerstone Fund (CSVP Fund) and Calibre Ventures. Existing investors, MegaDelta Capital Advisors (erstwhile NEA India funds) and Orios Venture Partners are also participating, leading the company to its total funding amount of $10.6 million to date.

Intelligence Node will use the funding to accelerate its goal of capitalizing on a unique market opportunity. Intelligence Node is now the leading independent player in this space having a fully productized solution and is well-positioned to capitalize on its market leadership, offering retailers a competitive solution providing the depth of coverage and superior performance which cannot be matched by in-house teams.

“We are seeing really good momentum in the market for Intelligence Node's AI-enhanced retail pricing solutions,” said Abhishek Prasad, managing partner, CSVP Fund. “The brand itself has established clear leadership in the retail technology space on a global scale and the executive team, led by CEO and Co-Founder Sanjeev Sularia, has done an amazing job molding Intelligence Node into an industry force to reckon with, especially in the U.S. Cornerstone is excited about this partnership and is convinced that the startup will double in value by 2020.”

Read more: https://www.businesswire.com/news/home/20190725005018/en/Intelligence-Node-Raises-5.5-Million-Series-Funding

‍