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Paradata logo — Empowering supply chains with AI-driven precision and truste...

Paradata

Empowering supply chains with AI-driven precision and trusted insights for actionable outcomes.

Founded 2009 Series B Total: $25.83M AI, Big Data +2

General Information

Company Name Paradata
Founded Year 2009
Industries AI, Big Data, Supply Chain +1
Funding Stage Series B
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About Paradata

Founded in 2009, Paradata is an AI and big data platform that has gained recognition with the Gartner Cool Vendor award in 2016. The company focuses on classifying and fingerprinting electronic parts and prices for supply chains using its neural net and Spark pipeline. This allows for reliable data, verified insights, and actionable outcomes, simplifying complex analytical processes. With a client base spanning various industries and global supply chains, Paradata has experienced rapid growth, culminating in a $5.34M Series B investment on August 09, 2019. The investment signifies strong investor confidence in the company's capabilities, especially in reducing costs, risks, lead times, and enhancing compliance for businesses. With the potential to address the needs of virtually every industry with a supply chain, Paradata represents a substantial and lucrative market opportunity.

Taxonomy: AI-driven platform, Big Data analytics, Gartner Cool Vendor award, Data reliability, Global supply chains, Neural network, Spark pipeline, Risk reduction, Cost reduction, Compliance enhancement, Data classification, Data fingerprinting, Actionable insights, Rapid growth

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $5.34M -
09 Aug 2019
Series A $10.49M -
07 Jun 2018
Series A $10.00M 3
SAP.iO PivotNorth Capital Richmond Global Ventures
SAP.iO, PivotNorth Capital +1
23 Mar 2017

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FAQ About Paradata

Empowering supply chains with AI-driven precision and trusted insights for actionable outcomes.
Paradata was founded in 2009.
Paradata operates in AI, Big Data, Supply Chain and Machine Learning. Its work centres on AI-driven platform, Big Data analytics, Gartner Cool Vendor award and Data reliability.
Paradata has completed 3 funding rounds, raising a total of $25.83M. The latest funding stage is Series B.
Top alternatives and competitors to Paradata include permutable.ai, Aerospec Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paradata and permutable.ai are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Paradata, https://bouncewatch.com/company/paradata, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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