Pecan AI

Pecan AI

AI-powered predictive modeling for everyone - no data scientists required

Founded 2018 Israel

Israel 78 employees Series C Total: $116.00M Insurtech

Pecan AI is an Insurtech startup based in Israel, founded in 2018. The company's slogan, "AI-powered predictive modeling for everyone - no data scientists required," encapsulates its mission to democratize predictive analytics. Pecan AI's platform empowers businesses to harness their data for precise, actionable predictions without the need for a dedicated data science team. Its generative AI technology enables the delivery of accurate forecasts in a matter of days, eliminating the lengthy timelines typically associated with traditional data modeling. Pecan AI differentiates itself by enabling existing analysts and BI teams to create and deploy AI models without the necessity of specialized data science expertise. The platform's no-code interface and automated machine learning capabilities facilitate rapid deployment and results, allowing businesses to capitalize on fresh insights swiftly. By making predictive analytics approachable and user-friendly, Pecan AI aims to provide a friendly experience that is devoid of intimidation and jargon. In February 2022, Pecan AI secured a $66.00M Series C investment from a consortium of investors including Insight Partners, GGV Capital, GV, Vintage Investment Partners, Dell Capital, Mindset Ventures, and S Capital. This significant investment underscores the market's confidence in the company's potential to revolutionize predictive analytics in the business landscape. Pecan AI's success stories include substantial improvements in marketing ROI, customer retention, and cost reduction for its diverse clientele. With its commitment to delivering high ROI impact and navigable predictive analytics, Pecan AI stands as an increasingly influential player in the data-driven business solutions arena. For those seeking to unlock the potential of their data, Pecan AI's innovative approach and impressive track record position it as a compelling choice.

Funding Stage	Amount	Investors	Lead Investors	Date
Series C	$66.00M	7	Insight Partners, GGV Capital +5	02 Feb 2022
Series B	$35.00M	3	Vintage Investment Partners, Mindset Ventures +1	05 May 2021
Series A	Undisclosed	-		01 Jun 2020
Series A	$11.00M	-		28 Jan 2020
Seed Round	$4.00M	-		10 Apr 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Series C

$66.00M

Insight Partners, GGV Capital +5

02 Feb 2022

Series B

$35.00M

Vintage Investment Partners, Mindset Ventures +1

05 May 2021

Series A

Undisclosed

01 Jun 2020

Series A

$11.00M

28 Jan 2020

Seed Round

$4.00M

10 Apr 2018

FAQ About Pecan AI

AI-powered predictive modeling for everyone - no data scientists required

Pecan AI was founded in 2018.

Pecan AI is headquartered in Israel.

Pecan AI operates in Insurtech. Its work centres on Predictive Analytics, AI-Powered Solutions, Automated Model Building and Data Modeling. Its customers include Data Leaders, BI Analysts and Marketers.

Pecan AI has approximately 78 employees.

Pecan AI has completed 5 funding rounds, raising a total of $116.00M. The latest funding stage is Series C.

Pecan AI offers: Predictive Analytics Platform.

Top alternatives and competitors to Pecan AI include CyborgIntell, The Data Company, InterGen Data, Inc., Fenris, Powerlytics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Pecan AI and CyborgIntell 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.

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