Daash Intelligence today announced it has secured $5.5 million in a second seed funding round, bringing its total funding to date to $8.25 million. New investor Bullpen Capital led the round, with participation from GFT Ventures as well as from returning investors Silicon Road Ventures and Red Bike Capital. Daash will use the new funding to rapidly scale its engineering and go-to-market teams and accelerate product development to meet high demand for timely, actionable data insights that enable beauty brands of all sizes to spot and leverage white space market opportunities.

Daash addresses the fundamental challenge of transparency across the retail landscape. Brands often struggle to obtain actionable insights into competitive products, sales performance and market share information. Daash's proprietary technology combines multiple data sources and AI to empower brands with insights into which of their competitors are gaining or losing market share-and in what channels-so they can take advantage of emerging trends and market opportunities. Amika, Glow Recipe, Ilia and Tatcha are among the leading brands using Daash to inform new product development and optimize marketing, distribution and sales strategies.