Funding

Datapad funding news -Datapad has Secured over $500k in Funding

Dec 5, 2024 | By Kailee Rainse

Datapad funding news  -Datapad has Secured over $500k in Funding

AI startup Datapad has raised over $500k. Based in Istanbul, the startup has created AI Analyst Agents that replace traditional data analytics dashboards with ongoing and proactive KPI monitoring.

The founders, Cem Ruso (who sold Blutv to Time Warner) and Orkun Soylu (former Insider employee), experienced the challenges of building clear KPI visibility and a data-driven culture using the current complex analytics tools.

Ruso says that as data grows in size and complexity, it becomes very hard, expensive, and time-consuming for most businesses to build analytics systems. "We believe we can simplify and automate most of this process with AI agents. Our goal is to take your data and tell you what's working and what's not."

Datapad supercharges human data analysts and decision-makers. Imagine you’re the CEO of a startup: you’ll be able to ask ad-hoc questions but also task the assistant to prepare scheduled periodic analyses for certain topics. The assistant will have a superhuman memory of all company historicals and will factor in external real-time context such as local holidays, competitor events, and industry benchmarks.

Although Datapad users only interact with one chat, there is a large team of AI experts in marketing, SEO, conversion rate optimization, and business strategy working behind the scenes to provide the best analysis. The value goes beyond just data analysis and offers strategic recommendations.

Read also - Alstin Capital funding news – Munich-based Alstin Capital has Secured €175 Million in Funding

Pitchdrive led the funding round, with additional support from e2vc, Startupist Ventures, and several angel investors.

Koen, General Partner at Pitchdrive VC, Datapad will turn company analytics as we know it completely upside down: “Cem and Orkun impressed us with their skills in building products people love. They found a very clear problem and turned the commodity that is AI today into an out-of-the-box solution.”

About Datapad

Datapad created advanced AI Analyst Agents that replace traditional data dashboards by providing ongoing and proactive KPI monitoring.

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