Venture Capital News: Tellius Secures $16M Series B Funding
2022-10-20
RESTON, VA, Tellius, a leading AI-driven decision intelligence platform, today announced a $16 million Series B funding round led by Baird Capital.
All of Tellius' existing investors-Sands Capital Ventures, Grotech Ventures, and Veraz Investments-participated in the round, bringing the company's total fundraising to $33 million to date. The funding will be used to enhance Tellius' decision intelligence platform, expand the company's go-to-market capabilities, and support talent acquisition across sales, marketing, and product engineering functions.
Tellius is an AI-driven decision intelligence platform that enables anyone to get faster insights from their data. The company helps organizations across industries, including financial services, pharmaceutical and life sciences, retail, healthcare, and high technology, accelerate their journey from data to decisions by augmenting human expertise and curiosity with intelligent automation. The company's platform combines AI- and ML-driven automation with a search interface for ad hoc exploration, allowing users to ask questions of their business data, analyze billions of records in seconds, and gain comprehensive, automated insights in a single platform.
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